Fannie Mae (FNMA)

[Robert from yahoo bd]

Think about the bipolar nature of the Conservatorships and the 180° turns of Public Policy:

2008: "The Conservatorships will be temporary and it's designed to right the ship."

2012: "We're going to "wind down" the GSES and replace them with something different, bringing their Capital levels close to zero so Congress fixes this "

2019: "We're going to overly rebuild Capital to 4.0%-4.5%, and someday they will likely be released from Government Control."

2024: "We're waiting for Congress to decide the future of the GSES."