Fannie Mae-No Politics (FNMA)

[bmp152]

My question is this: if much of the democratic senate favors recapitalization of the NHTF and CMF via profits generated by the GSEs, how do they propose that mechanism?

As it stands now, all profits are swept to the Treasury minus a yearly depreciating capital quota. Would there not have to be an additional amendment to the SPSA to allow transfer of this money from Treasury's pockets to these funds? In doing so, may this precipitate an executive proposal to end the sweep and reinstitution of the 10% dividend? This is all IMO, but just wondering the board's collective thoughts...