Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Thank you

The discussion of the 10% and lender of last resort -

In that discussion your basis was literature?

i.e. the 10% is a non issue

and why is the Treasury's ability to "unwind" no longer a threat due to profitability of F and F if all payments so far have in the eyes of the treasury not reduced the amount owed?