Replies to post #573140 on Fannie Mae-No Politics (FNMA)

[YanksGhost]

You are incorrect. FHFA has no other source of revenue and Treasury is NOT going to deliver their goods which would be read as another bailout. Whether sued as the conservator or regulator, FHFA derives all their funding from assessments paid by Fannie Mae and Freddie Mac. This is the same format used with the pre-FHFA predcessor Agency OFHEO. If they are forced into paying a legal settlement, FHFA must assess the GSEs for the amount needed.

I previously posted the link for their 2018 Report to Congress which covers thius in detail on page 66. The document is up on the FHFA website.

[Donotunderstand]

where would you find such distinction for F and F ---- regulator v conservator

as I understand it - FHFA is always the regulator -- always - and it can then choose to put F and F in conservatorship or receivership

I do not think the distinction is a legal one - as to the identify of defendant

NOW the idea of a pool of money for lawsuits -- that is intriguing