Replies to post #170153 on Fannie Mae-No Politics (FNMA)

[bmp152]

BigBen, those are great questions that I do not have the answer to. Perhaps somebody more versed in business/legal work can answer that.

So, it looks like Ginnie Mae is proposed as the new Fannie/Freddie, aside from 5% private capital down to protect taxpayers moving forward. Why not just allow Fannie/Freddie to put down 5% and call it done? Political spin I suppose...

[cfljmljfl]

Exactly. The government would have to exercise those warrants to control... Then they create another round of taking lawsuits. Plus that platform is our technology. They want to buy that is ok for full value. Third, they can not legislate to prevent companies from pursuing a competitive livelihood in MBS. Another lawsuit. These people are just plan outright stupid greedy. Ginnie Mae is insolvent. Private industry doesn't have the money or morals. Been proven. Time to fire all these political ao or escort them out of office in any manner necessary.

[stockprofitter]

They would have to RELEASE FNMA from Conservatorship.
After the release of FNF Conservatorship, is Fannie and Freddie not free to continue business as they see fit?

Just asking..