Fannie Mae-No Politics (FNMA)

[HappyAlways]

In the 2008 housing crisis, bailout total was $189B with book loss being exaggerated by the Administration. The GSEs did not require any bailout IMO. Even in the worst scenario, they would require less than $50B. Given the many new measures implemented to reduce the overall risk, $50B is more than adequate. 3% capital on asset is simply unnecessary.