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Re: cclose1 post# 573140

Monday, 10/28/2019 11:40:10 AM

Monday, October 28, 2019 11:40:10 AM

Post# of 797217
You are incorrect. FHFA has no other source of revenue and Treasury is NOT going to deliver their goods which would be read as another bailout. Whether sued as the conservator or regulator, FHFA derives all their funding from assessments paid by Fannie Mae and Freddie Mac. This is the same format used with the pre-FHFA predcessor Agency OFHEO. If they are forced into paying a legal settlement, FHFA must assess the GSEs for the amount needed.

I previously posted the link for their 2018 Report to Congress which covers thius in detail on page 66. The document is up on the FHFA website.