Fanniegate Hero
@DoNotLose
Addressing shortages, affordability, & mortgage spreads.Advocating for solutions beyond this admin.Daniel Hornung, Jared Bernstein, Lael Brainard are WH Heroes.
ID:52299954
30-06-2009 04:17:05
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d.l. Jarndyce Jarndyce Alec Mazo Maybe there are lawmakers, even some who voted for HERA which directs they be re-privatized, who want the Gov’t to control the GSEs regardless of what HERA directs. Shortsighted though as some Rs will want to re-privatize, shrink their footprint & harm middle income borrowers.
d.l. Alec Mazo President Biden Federal Reserve I think FHFA Director Thompson is good and honorable player here. I would assign blame elsewhere. All relationships take at least two people.
Three women who, if they get together in the same room for half an hour, can unlock $100B+ for affordable housing:
1. Janet Yellen, US Treasury
2. Sandra Thompson, FHFA
3. Priscilla Almodovar, Fannie Mae
$FNMA #FANNIEGATE
d.l. Ano ACG Analytics The government is asking the judge to reconsider and set aside the jury verdict. See rule 50, Federal rules of procedure.
Understanding that, why would Judge Lamberth now set aside a jury verdict and the plan of damage distribution he approved after months of spirited discussion
Why ask @fhfa Sandra Thompson an honest question she won’t answer that solves the affordable housing crisis? $fnma #fanniegate
RWD Senator Bill Hagerty It is a political issue since Collins- the Senator understands the issue and the problems of workforce housing. Why ask Biden's representative a question that they won't answer?. This is a do nothing caretaker administration that is clueless on the housing crisis they have
'The problem here is that the Obama and Biden administrations have never taken their feet off the throats of Fannie Mae and Freddie Mac'-Senator Hagerty --- transcript glenbradford.com/2024/04/senato… $FNMA #FANNIEGATE
.Senator Bill Hagerty did a good job pointing out that HERA 2008 commands FHFA to pursue the end of conservatorships via Recap and Release when acting as conservator AND says that doing so will produce $100B+ to solve the affordable housing crisis $FNMA #FANNIEGATE h/t Tim Pagliara
Fannie/Freddie Consolidated Class Action FHFA, Fannie and Freddie filed their motion for judgment as a matter of law last night, asking Judge Lamberth to ignore the jury verdict, toss the allocation plan, and dismiss shareholders' claims. glenbradford.com/2024/04/fannie… $FNMA #FANNIEGATE
As far as Sandra Thompson is concerned the only reform left at Fannie and Freddie is meeting capital requirements— only actual reform work left is at FHFA. Fannie and Freddie actual reform is thus complete $fnma #fanniegate
#LummisGillibrand #stablecoin bill gave me flashbacks to #GSE litigation. P.57 (“such action as may be…”) identical to issue in Collins v Yellen where #SCOTUS ruled “may” allowed UST to unilaterally sweep GSE profits without recourse, priority rights or private property rights