Replies to post #500887 on Fannie Mae-No Politics (FNMA)

[HappyAlways]

I guess the plan is for Fannie and Freddie to run the CSP as utility. This is low risk, given no change to the current operational model.

Private funds can participate via the CSP or CRT. As such, FnF will not need $200B capital. Capital can be rebuild with (1) UST to repay the NWS overpayment, (2) new earnings, (3) FHFA to waive the capital requirement for 5 years. (4) new shares, (5) CSP cost sharing/charging. IMO.