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Re: familymang post# 745858

Tuesday, 01/24/2023 4:34:25 PM

Tuesday, January 24, 2023 4:34:25 PM

Post# of 798617
Yes, it says - "absent certain conditions."

ABSENT CERTAIN CONDITIONS, Fannie and Freddie did not have the money that is what was absent, and the Treasury knew Fannie and Freddie was about to show record net profits. AND THE LP WOULD HAVE BEEN PAID DOWN AND THE SPS WOULD HAVE BEEN REDEEMED.

THE OPTIONAL PAY DOWN OF THE LP IS IN THE CONTRACT AND IT NEVER CHANGED.