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skeptic7

09/05/23 11:34 AM

#766554 RE: Patswil #766549

"No earlier than 2026..."
It should also say parenthetically (unless the UST decides not to sweep any profits going forward...)
These entities will not be released without a decades long fight.

Ace Trader

09/05/23 11:36 AM

#766555 RE: Patswil #766549

Seems AI Google knows more the Congress ??

https://www.google.com/search?q=fannie+mae+release+from+conservatorship&sca_esv=562769096&hl=en&sxsrf=AB5stBgH3T9S_EMN14girv7QbQsBL6kxHA%3A1693928088485&source=hp&ei=mEr3ZL_XGcqE0PEP_e66mAI&iflsig=AD69kcEAAAAAZPdYqMtOcszKl1UcqTz2LTlwQ2PUiVhE&ved=0ahUKEwi_g_Hv5ZOBAxVKAjQIHX23DiMQ4dUDCAs&uact=5&oq=fannie+mae+release+from+conservatorship&gs_lp=Egdnd3Mtd2l6IidmYW5uaWUgbWFlIHJlbGVhc2UgZnJvbSBjb25zZXJ2YXRvcnNoaXAyBRAAGIAEMgYQABgWGB4yBhAAGBYYHjIIEAAYigUYhgNI6AhQAFgAcAB4AJABAJgBvgGgAb4BqgEDMC4xuAEDyAEA-AEC-AEB&sclient=gws-wiz
..................................................................................
Generative AI is experimental. Info quality may vary.
Fannie Mae and Freddie Mac have been in conservatorship for almost 15 years.
The government placed them in conservatorship on September 6, 2008.
The goal of conservatorship is to preserve their assets and restore them to a sound condition.
Fannie Mae and Freddie Mac are building capital reserves to eventually exit conservatorship.
They are expected to begin winding down conservatorship no earlier than 2026.
However, they may remain in conservatorship indefinitely unless Congress acts.
The government has had workable capital plans to get Fannie Mae and Freddie Mac out of conservatorship since late summer 2020. These plans could result in billions of dollars being put towards affordable housing initiatives.
Bullish
Bullish

Bostonsesco

09/05/23 11:46 AM

#766558 RE: Patswil #766549

Same exact prediction I have end of this administration. Next administration will be forced to deal with it. Dragging out court cases 2-4 years we’re definitely going to appreciate in value along the way but full blown out of this thing warrants expiring 2-6 yrs