Fannie Mae-No Politics (FNMA)

[Ace Trader]

SPSA IS FULLY REPAID !!!

Says Sandra Thompson
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“As you know,” she said, “under [former FHFA] Director Mel Watt, [the GSEs] were able to retain only $3 billion in earnings after having repaid whatever was given to them by Treasury and the government. Under [Mark] Calabria, they were allowed to retain earnings, which they are doing today, and build capital. So, there’s a huge gap there.”

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LISTEN AT THE 28:35 MIN SHE CLEARLY SAYS AFTER RETAINING ONLY 3 BILLION AFTER HAVINH REPIAD (FOOT IN MOUTH) SHRRRR...

. 28:35 TO 28:51