Fannie Mae-No Politics (FNMA)

[The Man With No Name]

Hello Not-Very-Wise Man. What apparently you and the rest of the clown car occupants can't seem to grasp is that FHFA has NO fiduciary duty to shareholders. Neither do FnF.

Technically FHFA has a fiduciary duty to taxpayers, just as does Treasury. So when you speak of writing down the SPS to zero for no compensation....that narrative runs counter to Treasury's and FHFA's duty to taxpayers. It's never gonna happen.