Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

See NO EXPLICIT GUBMINT GUARANTEE.

"As government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac (collectively, the housing GSEs) benefit from implicit government support."

"The Treasury and FHFA have the ability to amend the SPSPAs bilaterally, and following a Supreme Court decision in 2021, leadership at both the Treasury and FHFA serve at the President's will. In particular, changes to the SPSPAs that negatively affected the GSEs' ability to raise capital organically could strengthen the government's control over the GSEs by cutting off their ability to grow capital, which could create challenges for future administrations to release the GSEs from conservatorship."