Fannie Mae-No Politics (FNMA)

[DaJester]

"what need do they have for capital beyond the regulatory requirements"

Right, why would they possibly want any of the capital taken from the GSEs over the past 15 years to do anything useful. Like say, ummm. Pay off the SPS - Shares that can't be legally paid down. Amazing negotiating skills on the part of FHFA on behalf of the GSEs. 🙄 (added eye roll emoji so you don't take it literally again)