FACT SHEET: A Better Bargain for the Middle Class: Housing

[Xyzse]

33. You're still just focusing on that part

I'll give you that they are Private enterprises that are federally regulated and are listed in the stock market.

Saying that they are like the USPS is valid that they were initially a Public entity that were privatized.
Fannie and Freddie are also limited in what they can do if they want to keep their standing. That is unlike any other bank, they have increased regulations that make them special.

I understand focusing on just saying that they are Private since that isn't the actual issue. Again not addressing the actual concerns on the post.

So here again:
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Where is the guarantee that the US Tax Payers won't have to bail them out again?
--It is in that proposal that says : "Private capital must be wiped out before the government pays out on catastrophic guarantees provided through government reinsurance of private-market loans."
This means that if they underfund that Private Capital which does NOT show any method of enforcing that they fully fund this. It is also another pool of money that THEY will lobby to be able to use for their own play. Unless there is a guarantee that this is done properly it will just be used for more consolidation and acquisition. This can be put in without taking out Fannie and Freddie. Instead, they are thinking of creating a new agency to take care of Government backed mortgages.

How can they guarantee that the mortgage rates won't sky rocket as this proposal is being done?
--Much like what happened with credit cards and bank fees, these banks immediately put out all the stops in placing more fees and upticking their rates in anticipation of new legislation. This will also happen during the gap of time between passing and implementation.

Why tie the immigration debate in this proposal?
--It feels like they don't want to pass it with this added in. With this added in, it guarantees that this becomes contentious and will allow banks to do the prior point.

As per mentioned, I am still trying to figure this thing out. Merely saying they are a private entity does not diminish other concerns. Much of that is assuming that rates are going to stay low.