Replies to post #557154 on Fannie Mae-No Politics (FNMA)

[KylieM]

Then why did he say he may appeal ?

[3antar]

Even if they take it they will have to return it it's not their money the court has spoken

[JusticeWillWin]

“[...] to retain their earnings” in September or shortly after, he said

https://www.americanbanker.com/news/trump-administration-will-move-on-gse-plans-if-congress-doesnt-mnuchin

Great!

Great News.The report said Treasury intended to end the sweep so Fannie and Freddie could retain earnings in an effort to build up the companies’ currently limited capital buffers.

Mnuchin told Fox Business Monday that administration is set to act as early as September to suspend the sweep.

“We expect a near-term agreement to retain their earnings” in September or shortly after, he said.