Replies to post #578630 on Fannie Mae-No Politics (FNMA)

[bcde]

"Finally, just three days before their seizures, Fannie and Freddie were able to tap the capital markets for roughly $6 billion of unsecured debt in an oversubscribed offering. It was underwritten by a who’s who of Wall Street investment banks, and was given an AA+/AAA- rating. Does that sound like housing companies which the author of the op-ed claims were “on the ropes” with “no easy way out”?"

By Gary Hindes
Published August 28 2019, 9:00am EDT

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Can FnF raise even $1B in unsecured debt under FHFA conservatoship after 11 year of continued conservatorship?

Hank and Obama administrations seized rich and profitable private companies FnF and robbed them outright.

[bradford86]

yeah, fat chance of that happening.