Fannie Mae-No Politics (FNMA)

[bcde]

"This capital thing is stupid easy.
FNMA is a 5 trillion dollar company.
Sell 125 billion dollars worth of inventory to TBTF banks.
boom...your capitalized. "

401kobessive,

FnF are currently only worth $6B. FHFA has robbed FnF of all their capital through usury SPS and NWS.

All other assets (Mortgage loans) are backing the MBS they have guaranteed.
These are pass through assets.