Fannie Mae Preferred S (FNMAS)

[Always wondering]

It is unreal.
Is this possible?
FHFA to treasury- we need to lower mortgage rates and stabilize housing and the 30yr but we don't want to use the billions from the sweep and technically FNMA is undercapitalized and broke...wink wink.

Treasury to FHFA- here is more money

FHFA/Treasury-thank you, just add it on to the "bailout" as proof FNMA is still insolvent

Gov to judge- FNMA still needs gov intervention and funding

End conservatorship- begin receivership.