Replies to post #13108 on Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

Well, that's a change from Wallison and Pinto.

[stockanalyze]

bingo.
"There’s a simple solution: Reform the GSEs; don’t replace them. Set strong capital requirements. Get rid of any implicit or explicit guarantee from the federal government (the Corker-Warner bill, by contrast, adds a $5 trillion liability to the federal balance sheet). Let Fannie and Freddie compete on equal terms with other financial companies. And banish the political meddling that precipitated the mortgage meltdown in the first place. "