Replies to post #68075 on Fannie Mae-No Politics (FNMA)

[~ Blue ~]

YOU KNOW THIS: If they become financially viable, they could return to stockholder control..

page 16

http://www.fas.org/sgp/crs/misc/R42760.pdf

fnma and fmcc is financially viable yes... more than that even they help USA budget..

[~ Blue ~]

White House says: FNMA IS A PRIVATEly owned company(!): The Federal National Mortgage Association (Fannie Mae) is a
Government-sponsored enterprise (GSE) in the housing finance
market. As a housing GSE, Fannie Mae is a federally chartered,
privately owned company with a public mission to provide stabil-
ity in and to increase the liquidity of the residential mortgage
market and to help increase the availability of mortgage credit
to low- and moderate-income families and in underserved areas.
Fannie Mae engages primarily in two forms of business: guaran-
teeing residential mortgage securities and investing in portfolios
of residential mortgages

http://www.whitehouse.gov/sites/default/files/omb/budget/fy2013/assets/gov.pdf