Fannie Mae-No Politics (FNMA)

[955]

Prior to the 2012 amendment, that was the case, however, with all profits (minus $3B) now being swept to the Treasury, the issue of the $187B bailout fund remains unresolved. The Obama administration realized in 2012 the GSE's were about to turn BIG profits and they frantically amended the agreement to keep the GSE's in their possession. This administration is EVIL to the core.


"FHFA official document: Q: When will the conservatorship period end?

A: Upon the Director’s determination that the Conservator’s plan to restore the Company to a safe and solvent condition has been completed successfully, the Director will issue an order terminating the conservatorship. At present, there is no exact time frame that can be given as to when this conservatorship may end.

Q: What are the powers of the Conservator?

A: The FHFA, as Conservator, may take all actions necessary and appropriate to (1) put the Company in a sound and solvent condition and (2) carry on the Company’s business and preserve and conserve the assets and property of the Company.

http://www.fhfa.gov/webfiles/35/FHFACONSERVQA.pdf


the Company to a safe and solvent condition NOW. SO THEY MUST LIFT CONSERVATORHIP.. PROBABLY THOSE 4 HEDGE FUNDS GOT SOME SIGN.

PLUS ANOTHER OFFICIAL DOCUMENT


FHFA new annual Report: The Enterprises cannot remain in conservatorship permanently, and expanding private sector participation is essential for the long-term health of the mortgage market.

PAGE 6

http://www.fhfa.gov/webfiles/25320/FHFA2012_AnnualReport.pdf "