Replies to post #210705 on Fannie Mae-No Politics (FNMA)

[obiterdictum]

ProPublica copies TARP, CPP, Stimulus, etc. data from US Government sites (mainly US Treasury) and then organizes and posts that data on their site. The data on the site is sometimes not up to date or is incomplete.

In the case of Fannie Mae and Freddie Mac data, it is updated and current.

However, for the Preferred Stock Investments (PSI) page, ProPublica takes a third amendment to the PSPAs view that the PSI has not been redeemed, even though payments to the US Treasury exceed draws taken. On other pages, ProPublica shows that dividend payments exceed monies received, but not as money returned on the bailout amount.

For example, compare these pages:

Preferred Stock Investments (PSI)
http://projects.propublica.org/bailout/programs/10-preferred-stock-investments - no update

Fannie Mae - shows positive net return outstanding
http://projects.propublica.org/bailout/entities/158-fannie-mae

Freddie Mac - shows positive net return outstanding
http://projects.propublica.org/bailout/entities/230-freddie-mac '

Shows GSEs dividend payments are profits going the US Treasury for its investments made
https://projects.propublica.org/bailout/ see bottom

Shows Fannie Mae and Freddie Mac returned dividends larger than investments made but indicates that bailout funds (PSI) have not been returned.
http://projects.propublica.org/bailout/list/simple