Fannie Mae-No Politics (FNMA)

[Always wondering]

"It is "good news that (Fannie and Freddie) have generated record earnings," but many of those profits are one-time gains or the firms will see changes in their investment portfolios since they are required to shrink by 15 percent per year going forward, he said. "

Required to change? I wasn't aware of any written requirement to overhaul FNMA. I wonder what requirement he thinks exists