Monday, November 14, 2022 4:32:50 PM
Thank you! That is what I was looking for. I'm trying to determine if Treasury directed FnF to buy underperforming mortgages and then made FnF eat the losses them when they went bad. Larry Summers seems appropriate for being in the middle of this because he is noted for saying the Treasury was "working in STEALTH" with the TARP program and with mortgage bonds. I do remember that Treasury was purchasing a lot of the mortgage bonds FnF were correcting and returning to market. And, it appears FnF were creating losses for themselves by following Treasury's guidance to discount the price of the bonds they were producing for Treasury to buy.
Recent FNMA News
- Fannie Mae Releases February 2026 Monthly Summary • PR Newswire (US) • 03/26/2026 08:05:00 PM
- Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 03/02/2026 02:00:00 PM
- Fannie Mae Releases January 2026 Monthly Summary • PR Newswire (US) • 02/26/2026 09:05:00 PM
- Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 02/23/2026 02:00:00 PM
