Replies to post #104937 on Fannie Mae-No Politics (FNMA)

[mdimport]

I agree. Obama should have said said FNMA and FMCC are critical to providing cost-effective, stable mortgages for America's middle class. He could point to rising profits to support that statement.

No-one wants higher mortgage interest rates. They're inherently more unstable for homeowners and dampen economic growth.

The president make a mistake ,and the big money behind the scene know that , and going to take the opportunity for smash him, he make a big mistake,IMO