Fannie Mae-No Politics (FNMA)

[jeddiemack]

The fun thing is...

If the interest rate were reduced to 5% from 10% and the payments applied to the loans.

Freddie would be owed about 18Billion and Fannie owed about 21Billion.

Now, this doesn't include factoring for offsetting the excess reserves retroactively. I'd expect excluding those and offsetting would probably result in a much larger numbers. Because, neither needed the money.

If you use 3% rates Freddie would be owed just 23B and Fannie 29B.