Fannie Mae-No Politics (FNMA)

[Donotunderstand]

?
best I understand - while in C ship the Treasury backs up F and F

so

could the Treasury agree to continue to do so - with the caveat that F and F can not issue any dividends until they get 2.5% (or 2%) capital

i.e. there is nothing in the mechanics of operation that makes Treasury safer now then if F and F were free money making companies ---- or the difference is a rounding error as we have seen over the years