Freddie Mac-No Politics (FMCC)

[Viking61]

The largest story not being told is that at 6 percent interest the GSEs are making $8 billion per year in interest only combined!
So, other naysayers and bankruptcy story tellers have not a leg to stand on! When you add in the interest just from the retained earnings, the GSEs are projecting $25 billion a year in net retained earnings combined.
This is why the CRT program is nothing but a disguised heist of GSEs funds to go to liberal leaning backers! The GSEs Don’t Need CRTs!!!!