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The witness II

04/10/13 12:30 AM

#21907 RE: bmp152 #21905

You're welcome.
I think everyone should watch it.

However, it's not being used to pay down the debt that Fannie owes



At the 0:44 mark he says that the dividends paid to the treasury account for 35.6B in repayment?
And in the 1Q of this year FM plans to return 59B in tax credits?

http://ih.advfn.com/videos/stock-research/fannie-mae-s-big-comeback-story__G685sm-SYQ

I'd have to say they're paying it down.
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The witness II

04/10/13 1:05 AM

#21916 RE: bmp152 #21905

Also, 2.4M complainants in foreclosure were just notified that they will soon be receiving checks from the top 13 banks as part of a 25B settlement.
https://independentforeclosurereview.com/Remediation.aspx