Cheerleading the eventual release of Fannie and Freddie from their mostly fraudulant conservatorships of government malarky.
Miami Beach, FL
Joined June 2009
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Fanniegate Hero - Fanniegate HQ retweeted
Executive order draft calls for policy actions across several areas, including mortgage insurance, manufactured housing and refinance costs:
housingwire.com/articles/tru…
Fanniegate Hero - Fanniegate HQ retweeted
True
There’s a huge political risk to inaction here. The administration keeps pointing out $FNMA and $FMCC are printing cash and worth a trillion dollars. If they do nothing and Democrats take back power in 2028, they’re literally leaving a massive war chest on the table for a liberal agenda. Regardless of Bessent’s risk aversion, moving soon is the only way to prevent the exact “waste, fraud, and abuse” they rail against.
Fanniegate Hero - Fanniegate HQ retweeted
$FNMA $FMCC
@CaliRefugee1, it sounds like @BillAckman is a few steps ahead of you.😊
"God forbid AOC gets control of these entities. That's not something the President would want to stomach as part of his legacy."
Full audio clip attached from 08/13/26 Spaces.
Great question from @hogfan7878 on the likelihood of inaction from DJT with Fannie Mae & Freddie Mac before his second term ends.
Shout out to @tom_juric for the reminder of this soundbite.
xitter.cf/calirefugee1/status/21…
There’s a huge political risk to inaction here. The administration keeps pointing out $FNMA and $FMCC are printing cash and worth a trillion dollars. If they do nothing and Democrats take back power in 2028, they’re literally leaving a massive war chest on the table for a liberal agenda. Regardless of Bessent’s risk aversion, moving soon is the only way to prevent the exact “waste, fraud, and abuse” they rail against.
Fanniegate Hero - Fanniegate HQ retweeted
Disagree, he was saying that in response to the question that was posed which implied it would be a boon for all. He knows that if they don’t act prez AOC will use these against them. Ending the conservatorship eliminates FHFA as operator, full stop.
Fanniegate Hero - Fanniegate HQ retweeted
That’s correct - he was answering the question which implied a boon for the mortgage mrkt, and he said I don’t see that. But there’s other reasons to get this done, which they will.
Fanniegate Hero - Fanniegate HQ retweeted
Data shows mtg spreads were tighter pre-cons w less cap at the GSEs, a more ambiguous implicit guarantee and no UST ownership - should be no debate. Bessent has a fiduciary duty to the taxpayer, not MBS holders. Max the value of their stake, end the temp 20yr conservatorship
Fanniegate Hero - Fanniegate HQ retweeted
Again, this is false. Trump has mentioned valuations up to $1t / IPO 5 times in 2026 alone. Not sure why you continue to say this.
Fanniegate Hero - Fanniegate HQ retweeted
I have obtained the housing Executice Order expected to be executed in days if not hours - it's the most tone-deaf piece of paper I've ever seen. Does ZERO for first time buyers and affordability. Huge disappointment if this stays as is.......
Fanniegate Hero - Fanniegate HQ retweeted
Sick GSE humor/reality:
With election almost here, its almost time admin to drag their feet on GSE action, so they have to wait till after the next election
Narrative is always: cant execute in an election yr. but then drag their feet doing nothing until its another election yr, rinse & repeat
Fanniegate Hero - Fanniegate HQ retweeted
Executive order on mortgage costs may be out today… scotsmanguide.com/news/trump…
