Wednesday, October 21, 2020 9:30:43 AM
TREASURY's intent to WIND DOWN GSEs
referring to GSEs as a REVENUE SOURCE !!!
NO PRINCIPAL PAYDOWN NO MATTER what DIVIDEND is PAID !
(so they can't repay their debt and escape as it were) !!!!
Fannie Mae and Freddie Mac Unsealed - MAY 20, 2016
In 2012, the government changed its bailout of
Fannie Mae and Freddie Mac, sending profits to
the Treasury. These documents were unsealed in
a lawsuit from Fannie and Freddie shareholders.
LINK to DOCUMENTS:
https://www.nytimes.com/interactive/2016/05/22/business/document-Fannie-Mae-and-Freddie-Mac-Unsealed.html
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