Politicians are not interested in the government making profit as much as they are in having spending money outside the appropriations process. It has been speculated the those in power have been spending the Net Worth Swindle on Obamacare, the Wall and other special interest projects.
BTW, I think you meant to say FHFA. Not FHA. Both are government agencies, but FHFA is Fannie and Freddie Regulator and currently their CONservator.
Welcome! The FHFA has become the woke socialist manager of our housing sector by a perpetual conservatorship. The woke socialist playbook is wait for a crisis - team up with greedy wall street guys who will make money on the crisis - get Congress to pass emergency legislation - and then take private investor capital by controlling the companies in a perpetual conservatorship.
Now it is the housing sector - next up will be Farmer Mac and the Farm Credit System since it is also dependent on the implied full faith and credit of the UST. Wait until the woke socialist control all of rural America via woke requirements for getting loans from the local Farm Credit Associations.
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