Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

15%+ yoy increase for the FHFA budget, 10q1q21 page 78: "Transactions with FHFA
The GSE Act authorizes FHFA to establish an annual assessment for regulated entities, including Fannie Mae, which is payable on a semi-annual
basis (April and October), for FHFA’s costs and expenses, as well as to maintain FHFA’s working capital. We recognized FHFA assessment fees,
which are recorded in “Administrative expenses” in our condensed consolidated statements of operations and comprehensive income, of $37 million
and $32 million for the three months ended March 31, 2021 and 2020, respectively."

37*4=$144 million annual contribution from Fannie Mae.