Replies to post #392748 on Fannie Mae-No Politics (FNMA)

[jog49]

Conservatorship nurses a firm back to health. By 2012, both were back to profitability so conservatorship should have been lifted some time in 2013, to be generous. That 10% dividend seemed too good to those in charge to change but it didn't give the businesses to the TBTF so the NWS was put in place to, essentially, put them out of business......after their piling on of toxic mortgages failed to do the job.