Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Administrative exit from the 14+ year CONservatorships is likely quicker BUT we heard Sandra L Thompson say that it's the US Congress that "should decide the future direction of the GSES."

Plus with the dearth of capital from draining much needed capital from earnings from 2012-19 and transferring the capital to the Treasury, they may not be in a position to exit.

Throw in uncertainty over the outcome of pending litigation coupled with JB unwilling to disorient the progressive left leaning members of his party and voters in the 2024 election by "throwing the 'evil hedge fund guys'/mortgage banksters/corporate America" a bone, the exit may take awhile.

Who in the JB administration and FHFA is really working on administrative release, have you seen anything?