Fannie Mae-No Politics (FNMA)

[Popeye9]

Fnf are still corporations if the gov drained all profits and retained earnings, they would still have to go through a bankruptcy process. If that happens the implicit guarantee from the company charter will no longer be valid, and the government will likely have to step in for all the outstanding fnf debts or credit ratings could drop on the debts. What would happen then? No one knows. It's a big uncertainty.