Fannie Mae-No Politics (FNMA)

[big-yank]

Mulvaney requires FNMA to raise $160B in reserves. That is 5% of assets figured against Fannie's $3.2 T total at the end of its latest FY. They cannot even exit conservatorship until the 2.5% threshold is met, which would total $80 B. At $10 B per year in income generation, it would take 8 years before any dividends could be paid or S/P should advance one dime.

You can cheer for this outcome all you want, but I would not look forward to another 8 years of the Rope-a-Dope for investors.