Fannie Mae-No Politics (FNMA)

[navycmdr]

ICBA Statement on Fannie Mae and Freddie Mac 2022 Earnings Release

https://www.icba.org/newsroom/news-and-articles/2023/03/03/icba-statement-on-fannie-mae-and-freddie-mac-2022-earnings-release

"After nearly 15 years of conservatorship, Fannie Mae and Freddie Mac remain undercapitalized.

Without taking steps to allow Fannie and Freddie to escape government control and raise private capital,

these companies will be trapped in conservatorship for the foreseeable future and will be unable to meet

their regulatory capital requirements for at least another decade.

"We therefore urge FHFA Director Sandra Thompson and Treasury Secretary Janet Yellen to take immediate

action to resolve Treasury’s ownership based on the Preferred Stock Purchase Agreements with the goal of

allowing the GSEs to access the capital markets and to eventually exit conservatorship.