Fannie Mae-No Politics (FNMA)

[Donotunderstand]

How is it a cash cow ?

NWS cash already stays with F and F (but is a paper non transferable IOU to Treasury)

Please explain how this is a cash cow since the above?

In reality we keep money and sign an IOU but such IOU can not be used for anything other than sit with Treasury

cash cow

as with others with old ideas debunked and gone for years - go back to sleep