Fannie Mae: “Lawsuit ….Has A Very Good Chance of Succeeding,” Argues Capuano

0

Capuano backs Sen Toomey’s thought process and even takes it a step further. Now, before anyone thinks for a second I am backing a MA Rep because he is from my State I just need folks to know that this is possibly the only thing I agree w/Capuano with. That being said, his proposed legislation regarding Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) FANNIE MAE PFD S (OTCBB:FNMAS) is the most sensible in Congress on the issue as it accomplishes everything every party wants equitably.

Rep Capuano:

“I had no problem taking them over, but like anyone else, I think that once they’ve paid their loan back we should reform them or let them go… and I personally think we should reform them but nonetheless…  I actually think there is a lawsuit now, I think it has a very good chance of succeeding, that will show that what the government has done was probably not appropriate.”

Q2 Hedge Funds Resource Page Now LIVE!!! Lives, Conferences, Slides And More [UPDATED 7/6 22:21 EST]

Q2 Hedge Funds Resource PageSimply click the menu below to perform sorting functions. This page was just created on 7/1/2020 we will be updating it on a very frequent basis over the next three months (usually at LEAST daily), please come back or bookmark the page. As always we REALLY really appreciate legal letters and tips on hedge funds Read More


Conversation on the GSE’s starts at the 2min mark.

Via: valueplays