Replies to post #108706 on Fannie Mae-No Politics (FNMA)

[obiterdictum]

Thanks PennyNK. The fighting over the bone, in other words, the attempt to fathom the President's meaning of the President's statements by closely examining content of the Corker-Warner bill will raise in public all the important issues that need to be raised. It will be messy process that will go on for a while with many different and conflicting views presented in the media. Gradually, it will start coming out in the opinions and views that reforming the GSEs will be a lot easier, less expensive, less disruptive, more supportive of the housing recovery and the future of the housing finance industry and more profitable overall than eliminating them. That view is beginning to show up now. Let's see how that view will be picked up and carried.