Fannie Mae (FNMA)

[Patswil]

White House And Treasury Housing Leadership Should End GSE Conservatorships
Dec. 13, 2023 4:48 AM ETFederal Home Loan Mortgage Corporation PFD 8.375% NCM (FMCKJ) Stock, FNMAS StockFMCC, FMCCG, FMCCH, FMCCI, FMCCJ, FMCCK, FMCCL, FMCCM, FMCCN, FMCCO, FMCCP, FMCCS, FMCCT, FMCKI, FMCKK, FMCKL, FMCKM, FMCKN, FMCKO, FMCKP, FNMA, FNMAG, FNMAH, FNMAI, FNMAJ, FNMAK, FNMAL, FNMAM, FNMAN, FNMAO, FNMAP, FNMAT, FNMFM, FNMFN, FNMFO, FREGP, FREJN, FREJO, FREJP42 Comments
Glen Bradford profile picture
Glen Bradford
4.66K Followers
Summary
Fannie Mae and Freddie Mac have been retaining earnings since 2019 on their path out of conservatorship.
The government has been sued by investors for imposing the net worth sweep, but courts have mostly ruled in favor of the government.
The White House, FHFA, and Treasury are now engaged in discussions about increasing housing supply and potentially ending the conservatorships.