Replies to post #101945 on Fannie Mae-No Politics (FNMA)

[BigBenWallace]

Considering that HARP is a fnf program, that was extended out until the end of 2015, what are they even talking about? Why are fnf so hated? Why is there absolutely zero mention of the dividend sweeps and the bank suits/settlements? This is a joke.

IMHO

[nuubie]

Officials said Obama will insist that the government only step in to pay out mortgage guarantees after private capital has been exhausted and that private capital bear the substantial majority of any losses. He will also call for Fannie and Freddie's investment portfolios to be wound down by at least 15 percent per year.

Officials said??? What Officials? When? Where?

Lots of folks putting words in Obama's mouth tonight....

[Cynic-Al]

Hope wsj is right on the subject I'm long Fannie

[MrDD]

The article sounds like talking about privatization than completely winding down! Huge difference... Seems like they want to change some of the practices, which makes sense, but then privatizing the two of them.. Maybe in form of another entity.. Or several..