Fannie Mae-No Politics (FNMA)

[The Man With No Name]

Yeah, garbage, do you have a hearing impediment?

If the NWS wasn't implemented and FnF paid 10% interest on $192 Billion in SPS (not accounting for the rising LP), then FnF would have paid roughly $295 Billion in interest to date.

So this $6 Billion premium ($301-$295) is going to payoff $192 Billion in SPS? 🤣

I own stock in a bank that has paid me more in dividends than my cost basis. Guess how much the bank has paid down my shares? Zilch, nada, none.

The longer this goes without Treasury getting a dividend = the more likely Treasury argues they can't write down the SPS.