Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Nice to see the FHFA helped itself to a 27% YOY BUDGETARY INCREASE! TH 11/01/23:

"(c) Fannie reported that its FHFA assessment fees in the third quarter, at $39 million, were 30 percent above the $30 million it was assessed in the third quarter of 2022, and that for the year to date it had been assessed $118 million, 27 percent more than its $93 million assessment for the first three quarters of 2022. There has been no check on what FHFA could spend since HERA was passed in 2008, but how can FHFA possibly justify an expense increase of this magnitude given the extraordinary “safety and soundness” of Fannie and Freddie currently?"