why change FNMA when GOVET GETS SO MUCH MONEY

Fannie Mae to Send $4.4 Billion to Treasury Department

6-8-15

Comments

Post a Comment

Popular posts from this blog

CITIZEN COMMENTS ON FNMA in march 2017 19 the day and before

CITIZEN COMMENTS ON FNMA in march 2017 19 the day and before lets start with laliasia.finance FNMA FMCK Status quo  will remain unchanged till government can sell it common holding at a fiar price to profit to cover  and more the losses it has incurred in the past. Then able to release the GSE S  to do as they please. when / who knows? ------------------------------- Just want to remind everyone - in case you didn't know, Big Yank is a FAKE paid monkey. Everything he posts is FAKE NEWS paid for by those that want to destroy America. JMHO. Have a great day! Bruce Berkowitz is a big investor in Fannie Mae and Freddie Mac preferred stock which currently account for 30%+ of his Fairholme Funds assets.  Fairholme Fund is suing the United States regarding FNMA and FMCK and has been making the best progress of the current FNMA and FMCK lawsuits against the U.S.A. What % of investable assets is too much for a concentrated bet on Fannie and Freddie co...
Read more

NO LENDERS to replace Fannie, Freddie

WASHINGTON (Reuters) - The regulator of government-controlled mortgage finance firms Fannie Mae ( FNMA ) and Freddie Mac ( FMCC ) said on Sunday he would not oppose them having a smaller presence in the market but private capital had to be ready to take over first. Watt said last week, in his first public speech since taking office, that he did not want to shrink Fannie and Freddie's footprint, marking a sharp departure from his predecessor.Federal Housing Finance Agency Director Mel Watt said the two companies, which own or guarantee about 60 percent of all U.S. home loans, needed to remain in the housing finance market to make sure it was liquid and resilient. "It's not that I'm opposed to it and we will certainly allow it to happen," he told C-SPAN's "Newsmakers" program, when asked about the prospect of shrinking the lenders' activities. "But if the private sector is not ready to step into the space, and you shrink what Fannie and...
Read more

(FHFA) Announces Reversal of Plans to Wind Down Fannie Mae and Freddie Mac

sueojlee   •   May 24, 2014 4:01 PM   Flag 9 users liked this posts users disliked this posts 1 Reply (FHFA) Announces Reversal of Plans to Wind Down Fannie Mae and Freddie Mac article By: Robert M. Siegel Jeremy C. Sahn Bilzin Sumberg Baena Price & Axelrod LLP posted on: Monday, May 19, 2014 Early last week, recently-appointed director of the Federal Housing Finance Agency (FHFA) Melvin L. Watt, announced plans to keep GSEs Fannie Mae and Freddie Mac going strong. This new strategy is in stark contrast to the express goals of his predecessor Edward J. DeMarco, White House officials and other proposed legislation, such as the Housing Opportunities Move the Economy (HOME) Forward Act of 2014, that was aimed at dismantling the GSEs and shifting mortgage-lending risks back to the private sector. In his first speech as leader of the FHFA, Watt presented FHFA’s Strategic Plan for 2014, in which he stressed the Agency’s plan “to manage the present status...
Read more