Fannie Mae-No Politics (FNMA)

[Latergater]

“"The senior preferred stock purchase agreement with Treasury includes a number of covenants that significantly restrict our business activities. We cannot, without the prior written consent of Treasury: pay dividends (except on the senior preferred stock); sell, issue, purchase or redeem Fannie Mae equity securities;"

Thank you for putting this to rest. It has been proven false time and time again yet it is still posted on here quite frequently.

Fannie and Freddie have NOT been buying back shares. Relying on Yahoo finance instead of the law is quite bold.

Now that we know there have been no shares that have been bought back for the recap, we can move on to actually productive conversations.