Fannie Mae-No Politics (FNMA)

[bcde]

"Mnuchin said around $100B on Fox Business. Gabby felt it would be slightly more. Watt came up with $190B. Fannie CFO said $89B and Freddie CFO said $50B so total is $139B. All these numbers are nowhere close to your $30B."

Most of these crony WallStreet bankers and traders are throwing some big numbers to impress and steal the money from FnF through plans like Moelis. It is also to drag conservatorship as long as possible and make it worse for all. These levels of capital requirements will kill the housing economy.

Worst case losses are less than $15B as per recent FHFA stress tests. Currently FnF earn about $20B profits every year. FnF loans are of highest quality. FnF have paid off their SPS obligations and have a surplus capital of more than $30B.

FHFA does not have any valid reasons to continue conservatorship.