Fannie Mae-No Politics (FNMA)

[YanksGhost]

You have published disagreement with your premises.

I agree with this FAQ summary of the SPSPA on guarantees.

https://www.banknews.com/blog/frequently-asked-questions-treasury-senior-preferred-stock-purchase-agreement/

Please feel free to take up any issues or disagreement directly with Bank News on guarantees under SPSPA covenants.

I also noted the comment that taxpayers never paid a dime for the SPS. Nothing paid in = no equity status, just an obligation due by the GSEs.

I don't see much reason for additional debate, anyway. The Treasury is NEVER going to give into "The Secret Squirrel Plan" anyway.