Fannie Mae-No Politics (FNMA)

[bmp152]

I guess that's a possibility. Although, the yearly retained amount by FnF is not $3B. It WAS $3B last year, but has since decreased by 15% this year and will continue to do so until that yearly capital requirement reaches $0. That being said, FnF need to retain some money to run their business, expand, and contribute to activities outlined by the FHFA regulator. They can't afford to take financial hits by the NHTF and CMF, so that leads me to believe that money would have to be accounted for out of the sweep going to Treasury. The only way to do that would be via an amendment... Of course, I wouldn't be surprised if some other shady deal was worked out...all IMO.