Fannie Mae-No Politics (FNMA)

[Rodney5]

Wise Man Quote: " "SPS LP increased for free, off-balance sheet", first, it's false, and secondly, it must show up regardless," End of Quote

It does show up on page 69, It is not recorded on page 63 but the Note on page 63 is there as plain as day.

Total stockholders’ equity (See Note 1: Senior Preferred Stock Purchase Agreement and Senior
Preferred Stock for information on the related dividend obligation and liquidation preference) 73,725

NOTE 1 page 69 - The LP of the SPS increased to $195.2 billion as of the third quarter 2023.

I'll agree the increase of the LP of the SPS increased for free. MONEY FOR NOTHING!

https://www.fanniemae.com/media/49481/display