Fannie Mae-No Politics (FNMA)

[MoneyRobot]

The companies can't terminate the commitment anyway no matter what without Treasury's approval.

If it were not for the NWS, the funding commitment would been terminated based on the profits. Why? Profits would have been retained each quarter to a point where the pps would exploded. When the balance sheet explodes, they will have to do something with the profits and cash. At that point, they would have to redeem the sps because the mission of the c ship is to nurse fnf back to health.

The conclusion would be that fnf would not need further commitments.

But...the facts are today....the nws all went to dividends and we still owe the sps...we need to change that or hold them accountable for violating the covenants of good faith.....go figure