Fannie Mae-No Politics (FNMA)

[Rodney5]

bcde, in continuation of the last post in this thread our friend Barron brought interesting information to this topic.

Barron4664
03/19/25 11:41 AM
#822459 RE: Rodney5 #822436
It is important to note that Treasury beginning under TARP and continuing through Dec 2009 purchased 200 billion of MBS. But instead of buying from GSEs to help capitalize them, used 3rd parties to purchase them on the secondary market to "stabilize" the housing market. You can read the description of this program in the official white house budgets of the time. Still available. In addition, Treasury secretary Geitner lobbied congress for an additional $200billion for TARP that there seems to be no public accounting for. I believe this additional TARP funding was the source for the SPSA funding commitment.