Fannie Mae-No Politics (FNMA)

[Letgoofmyfannie]

Lamberth denied claim that Fannie and Freddie are in de facto liquidation, because they remain solvent even after the government’s dividend sweep.

However, the original FHFA guidelines state, “Upon the Director’s determination that the Conservator’s plan to restore the company to a safe and solvent condition has been completed successfully, the Director will issue an order terminating the conservatorship.”

So the entity can afford to pay out $180 billion and remains solvent in the eyes of the law, why hasn’t Director Mel Watt acknowledged the same fact?


Yeah, how come?! What's up with that?!