News Focus
News Focus
icon url

ano

05/18/21 7:40 PM

#678670 RE: Donotunderstand #678574

yes, very good question, the 165,910M is what Fannie paid during 2012-2019, (it also paid $20B from 2008-2011) normally in the media they combine the two(FnF), to the $301B paid, the 10% is an issue in itself, as when those will be added/deducted, the government also will have to pay the 10% from the moment the loan was paid back, as that was the deal, as treasury should receive a reasonable return for its investment, so should FnF
the $11,401M in interest treasury has to pay to Fannie will likely not result in political satisfaction as they only would have received $12,419M in interest, sure they wanted the 10%, but not the boomerang effect (each month effective Q3 2019 the treasury will need to pay $272M to Fannie starting with the $6.5B balance) So what can we say about it, if they want the $1B difference or not, it will not be a big deal, either way, we just need to wait on SCOTUS and see what is and is not legal, my guess is SCOTUS will not talk about the 10% and just leaves it open for interpretation, it also would not surprise me if we never hear from the 10% interest again, it is just too difficult