Fannie Mae-No Politics (FNMA)

[mrfence]

If GSEs were liquidated then Seniors would get paid first but there's no set amount owed to them in the first place so nothing to deduct from net worth. 3bil has been all the GSEs have been allowed to retain for quite some time until now. The new figure is 25bil for FNMA. The whole thing is still a mess. The sooner the courts kick da Gooberment in the nuts again the better