Comments on: Fannie Mae? http://buyingvalue.com/2009/07/fannie-mae/?utm_source=rss&utm_medium=rss&utm_campaign=fannie-mae Price is What you Pay Value is What you Get Tue, 27 Sep 2011 02:59:03 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: value investor http://buyingvalue.com/2009/07/fannie-mae/comment-page-1/#comment-1352 value investor Fri, 09 Oct 2009 03:16:51 +0000 http://buyingvalue.com/?p=857#comment-1352 Great comment David, I think you make some really good points. Great comment David, I think you make some really good points.

]]> By: David http://buyingvalue.com/2009/07/fannie-mae/comment-page-1/#comment-1346 David Thu, 08 Oct 2009 16:56:48 +0000 http://buyingvalue.com/?p=857#comment-1346 Tearing FNMA & Freddie Mac would be a huge mistake. I read a great analogy a few days ago that was right on target. The gentleman stated that you don't tear down a rental home simply because you have bad tenants. You kick out the tenants and find better ones. This is number one issue that needs to be corrected. 1) Intelligent management 2) Multiple audits conducted at unannounced intervals 3) Regulations that are followed 4) A tamper proof system to protect the agency from political influence No dismantling of enormous agencies required. No risk of a major disruption in the still fragile housing market required. No fighting among political parties over who will control the trillions involved in a new system. Best of all...with some patience..the government can still recover it's investment with a tidy profit. This is exactly what the government should be considering; kicking out incompetent management and replacing it with individuals with intelligence. Aside from actually following the regulations as they were written this is all that's really needed to correct the problem. Why in God's name would they ever consider dismantling a system that works (and it does work with competent individuals in place). Tearing FNMA & Freddie Mac would be a huge mistake. I read a great analogy a few days ago that was right on target. The gentleman stated that you don’t tear down a rental home simply because you have bad tenants. You kick out the tenants and find better ones. This is number one issue that needs to be corrected.

1) Intelligent management
2) Multiple audits conducted at unannounced intervals
3) Regulations that are followed
4) A tamper proof system to protect the agency from political influence

No dismantling of enormous agencies required.
No risk of a major disruption in the still fragile housing market required.
No fighting among political parties over who will control the trillions involved in a new system.

Best of all…with some patience..the government can still recover it’s investment with a tidy profit.

This is exactly what the government should be considering; kicking out incompetent management and replacing it with individuals with intelligence. Aside from actually following the regulations as they were written this is all that’s really needed to correct the problem.

Why in God’s name would they ever consider dismantling a system that works (and it does work with competent individuals in place).

]]> By: Weekly Links: August 2, 2009 | Dividends Value http://buyingvalue.com/2009/07/fannie-mae/comment-page-1/#comment-585 Weekly Links: August 2, 2009 | Dividends Value Sun, 02 Aug 2009 10:33:08 +0000 http://buyingvalue.com/?p=857#comment-585 [...] Buy Value presented Fannie Mae? [...] [...] Buy Value presented Fannie Mae? [...]

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