Monday, September 18, 2017 2:52:15 PM
I`m not sure if this is the piece that you are referring to, but her goes........Just Google the header or go to GSELinks.com for the article in the upper right part of the page.
RNC Suggests GSE Recap & Release is a Viable Option
September 15, 2017 at 1:27 pm
In its, “Resolution on Protecting Taxpayers by Restoring Safety and Soundness to Government-Sponsored Enterprises,” the Republican National Committee came close to endorsing a recapitalization of the GSEs and a release from conservatorship. The resolution says:
The Republican National Committee recognizes that the United States Treasury has recouped all of the money that it invested in Fannie Mae and Freddie during the 2008 financial crisis, plus over $80 billion in profits to date, and that the Treasury can generate an estimated $100 billion in additional cash profits by monetizing its warrants for 79.9% of each company’s common stock;
Treasury cannot sell common stock to the public until the Senior Preferred Stock Purchase Agreement is terminated and the GSEs are released from conservatorship.
The remainer of the article is available on GSELinks.com
RNC Suggests GSE Recap & Release is a Viable Option
September 15, 2017 at 1:27 pm
In its, “Resolution on Protecting Taxpayers by Restoring Safety and Soundness to Government-Sponsored Enterprises,” the Republican National Committee came close to endorsing a recapitalization of the GSEs and a release from conservatorship. The resolution says:
The Republican National Committee recognizes that the United States Treasury has recouped all of the money that it invested in Fannie Mae and Freddie during the 2008 financial crisis, plus over $80 billion in profits to date, and that the Treasury can generate an estimated $100 billion in additional cash profits by monetizing its warrants for 79.9% of each company’s common stock;
Treasury cannot sell common stock to the public until the Senior Preferred Stock Purchase Agreement is terminated and the GSEs are released from conservatorship.
The remainer of the article is available on GSELinks.com
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