Fannie Mae (FNMA)

[camaro4me]

2 years - is that the real expected timeline to recapitalize?

Fannie Overhaul Might Get Boost on Debt Ceiling Deal, Cowen Says

Posted July 19, 2019, 10:39 AM

By Felice Maranz

Debt deal might allow for end of ‘profit sweep’ to Treasury

That’s key for any Fannie, Freddie plan, analyst Seiberg said

A deal to raise the debt ceiling for two years would probably be good for housing finance reform, as it would lift an obstacle preventing the end of the so-called “sweep” that sends profits from Fannie Mae and Freddie Mac to the Treasury Department, according to Cowen.
“We see ending the sweep ascentral to any GSE reform plan,” analyst Jaret Seiberg wrote in a note.
Seiberg noted Fannie and Freddie sent $4.7 billion to Treasury for their fourth quarter dividend...

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https://news.bloomberglaw.com/banking-law/fannie-overhaul-might-get-boost-on-debt-ceiling-deal-cowen-says