Fannie Mae-No Politics (FNMA)

[Dallas66]

This is inaccurate...they do NOT take in to account the original 10% dividend. If we theorize that the ORIGINAL agreement will be reinstated whereas each of the GSE's will be required to pay a 10% dividend on all monies "borrowed" from the FED...FNMA will still owe several billions of dollars once the currently mythical "NET ZERO" is reached. I expect that both FnF will reach the original "NET ZERO" including the 10% div owed once Q4 2013 is released....if not...certainly by Q1 2014.

Below link is a great PDF that breaks down what FnF has borrowed and paid back by quarter.


http://www.fas.org/sgp/crs/misc/R42760.pdf