Fannie Mae-No Politics (FNMA)

[Always wondering]

1:30 – Cooper says the motive for the net worth sweep is quite relevant. When conservatorship was announced, it was stated that the capital structure for Fannie and Freddie would remain in place. Private stockholders will continue to retain all rights in the stock’s worth. Fannie and Freddie’s stockholders are still in place and going forward there may be some value in that interest. (James Lockharts words)

If the conservatorship is successful the conservatorship will be terminated and the entities returned to the market.