Freddie Mac (FMCC)

[CatBirdSeat]

“....— money that serves as capital, ...”

“Fannie and Freddie kept credit flowing through the recession and recovery, adjusted fees to better reflect risk, and paid almost $300 billion in dividends to the Treasury — money that serves as capital, available to cover losses in the next downturn.”

https://finance.yahoo.com/news/leaving-fannie-mae-freddie-mac-113013085.html

Since when did the story become the NWS serves as Capital for the companies...?

This was released Friday late afternoon...