Fannie Mae-No Politics (FNMA)

[FOFreddie]

The FHFA could effectively put a Trillion Dollars in affordable housing initiatives as part of a recap and release settlement. Calhoun's affordable housing JV could be set up with the UST stake worth $ 100 bn or more as collateral for potential losses on affordable housing financing projects. FNMA and FMCC could administer the JV with oversight by the FHFA and Calhoun could be the CEO of the BBB Affordable Housing Solutions JB modeled after the Common Securitization Solutions JV already in place.