Fannie Mae-No Politics (FNMA)

[bradford86]

As for me I just expect the Biden admin to — if it is going to do anything to lock in its housing policies— which I expect it will— with actions coming shortly— in the coming weeks— to move to restructure Treasury’s equity stake in Fannie and Freddie to enable them to raise third party capital and effectuate the capital restoration plans they have put in place — they just finished their resolution plans last year. Late last year I believe was the deadline. The main guy overseeing their completion retired.