Fannie Mae-No Politics (FNMA)

[Wise Man]

Don't you see that it's the same? The FHLBanks contributed 20% of their profits for the repayment of the REFCORP bonds. The FHFA announced in 2011 that with the interest on the bonds, the FHLBanks had satisfied the debt with REFCORP (the rescue fund established by Congress). Since then, 20% of their profits applied towards a Retained Earnings account for their recapitalization.
With FnF, it's 10% of the SPS and, as of 2012, 100% of their profits (NWS).
Now, the FHFA will announce that the obligation with the Treasury was satisfied and that they also built a Retained Earnings account ($110 billion)

There's no reason to think that both will be treated differently by the same regulator.

WINNING!