Fannie Mae-No Politics (FNMA)

[kthomp19]

Check pages 66-73 for the parts specific to Fannie and Freddie, which are not named and as far as I can tell, not even mentioned in the rest of the bill.

The top of page 73 says "Mandatory Receivership" and section 802(b)(1) on page 67 says that Treasury cannot sell or otherwise dispose of any senior prefs, warrants, or common shares gotten by exercising the warrants.

Those two combined would mean zero for junior prefs and commons, unless Mnuchin takes action before this gets passed.