Fannie Mae-No Politics (FNMA)

[Wise Man]

Massive carnage in FnF's profitability during conservatorship and, specially, during Trump's tenure. Freddie Mac's Net Interest Yield, the difference between the interests on their assets and the funding cost of those assets, hit all time low at 50 basis points in the 2Q2020, when it was 79 basis points in the 1Q2011. This is the most important metric of profitability in a financial company. It's been prompted by the CRT scam, bonds issued at a 6% yield that steal earnings from FnF.