Thanks. But couldn't Treasury create a new commitment to support FnF (e.g. with some prospective fee) and then separately sell their SPS interest? I imagine these arguments get progressively harder for the Gov't but wanted to be thorough in answering questions from earlier today.
Doesn't treasury still have a funding commitment that the GSE's haven't yet exhausted? Just zero out the seniors and treat future draws like current draws, just not with 190B that's unserviceable.
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