Fannie Mae-No Politics (FNMA)

[10bambam]

Why would they need a funding commitment after they are fully self funded and have paid treasury back and cancelled the new senior preferred shares. Surely there could be some continually lesser committment fee. In any case the risk dissipates as they become more funded. The govt could just go after the new competition for the commitment fees.
I am just trying to think about this like other insurance in broad easy terms.