Freddie Mac-No Politics (FMCC)

[ohi]

government bailout for the two organizations that has cost taxpayers $170 billion to date.
So far, Freddie Mac and Fannie Mae have paid back a combined $62.2 billion of the $170 billion in bailout funds.
most of that was paid back in less than 1 year ,at this rate it will be paid off in less than 2 years ,
bailout



Fannie Mae, Freddie Mac Would Be Wound Down In 5 Years
that leaves 3 years of full profit !!!
5 years



TITLE V—WIND DOWN OF
FANNIE MAE AND FREDDIE MAC
SEC. 501. REPEAL OF GSE CHARTERS.




1) I
N GENERAL
.—Subject to the requirements

of this Act, any proceeds from the wind down of an

enterprise shall be paid first to the senior preferred

shareholders of each such enterprise, then to the

preferred shareholders of each such enterprise, and

then to the common shareholders of each such enter-prise.
http://www.corker.senate.gov/public/_cache/files/1bc94e87-5a8a-4f07-a709-30bb19f15873/06-25-13%20BILL%20TEXT.%20Housing%20Finance%20Reform%20&%20Taxpayer%20Protection%20Act%20.pdf" rel="nofollow" target="_blank" >http://www.corker.senate.gov/public/_cache/files/1bc94e87-5a8a-4f07-a709-30bb19f15873/06-25-13%20BILL%20TEXT.%20Housing%20Finance%20Reform%20&%20Taxpayer%20Protection%20Act%20.pdf[tag]Mr. C
ORKER[/tag]

so IMO it is still a great investment win -lose or draw $$$$$$$$$