Fannie Mae-No Politics (FNMA)

[The Man With No Name]

Why not just let the $187B ride, and collect the 10% on that? Is the conversion even necessary? By the time they are released, GSEs may be able to send the first $19B to Treasury and slowly redeem the LP after Treasury's commitment is ended. Assuming the contracts aren't modified to allow for a paydown mechanism or adjustment sooner.

As HappyAlways points out, if the NWS clause is removed, the $187/191B isn't really an issue retroactively. The LP should already be paid.

Really? Are you serious? Let the SPS ride? Okay, see you in maybe 40 years. Then what? 90% of the profits are given to Treasury into perpetuity? Sounds like a great plan.

Nothing has been paid. Dividends don't pay off anything.

"Why not" he says....LMAO