Fannie Mae-No Politics (FNMA)

[rosen62]

Now add the 10% dividend in for 2014 and subsequent years. The amounts would be $2.93 billion per quarter for Fannie ($11.72 billion per annum) and $1.81 billion per quarter for Freddie (7.24 billion per annum).

Obit,

why are you considering 10% dividend payment on the full Srs. balance after 01/2014? Isn't this draft considering payment of principal to the excess paid in 2013? Then, 01/14 and thereafter would be 10% on remaining balance. Isn't that much less than 18+bill or so from your figures? And since those would be much smaller nominal figures there would new excess to continue to pay down principal. Did I miss something?