Replies to post #631005 on Fannie Mae-No Politics (FNMA)

[TRCPA]

I think you're right about a "clever" verdict.

I foresee that they will allow a credit of $125 billion or so to be applied to the GSE's books and core capital.....without the money actually being immediately returned by the treasury.

This is a perfect legal/political solution to allow the GSE's to be freed earlier, while allowing treasury to keep the actual cash....for now.

They will probably search for and find some statute/opinion from a past case that justifies the above.

[FFFacts]

The end of this is relatively close. If you think Fannie and Freddie will be around you should position yourself now.