Fannie Mae-No Politics (FNMA)

[Louie_Louie]

And that helps the gse's release with adequate capital how?

If FHFA is saying debt is paid, how do they justify taking any Warrants or seniors, which are debt collateral? If it is not collateral, then why did not government just assume the actual values right off? They can not own the stock or prefs, so made up place holder senior account and warrant. Everyone knows that they are there in case the government had to spend way more than they actually did. Even what they say they spent on the GSE's is a lie, bogus, since money was paid back in short order. That's why NWS got implemented - pay day lender comment and mafia loan shark comment from judge shows they understand the government has a collateralized arrangement. Not ownership intention.