$FNMA #FANNIEGATE

Watt's remarks... http://www.fhfa.gov/Media/PublicAffairs/Pages/Prepared-Remarks-Melvin-Watt-at-BPC.aspx

He's making a case to end it.  He hasn't mentioned "release" but he's beating around the bush big time.  It was pretty clear by his comments that he wants the conservatorship to end.  Very solid speech.  Live video link: http://bipartisanpolicy.org/events/address-by-fhfa-director-mel-watt/

Notable exchange during Q&A... Audience member: "A true public servant talks himself out of a job." Watt: "I'd be in favor of that.  It would be a blessed day."

"Where we are now at conservatorship should end at some point." -Watt during Q&A