Does Fannie Mae have any chance of fullfilling it's debt to the US gov't?
So Fannie Mae has already paid more in dividends to the gov't than what was used to bail it out. However, this money is considered a profit and not debt repayment...and since the US gov't owns Fannie Mae they collect the profit and then state that they haven't received payment for their loan yet.
So is Fannie Mae paying down this debt at all? If so, what state is it in? Could Fannie Mae not just set aside money for the repayment and make it an "expense" so that the profit is very little and the government can't just take it?
Posted Dec 2, 2015, 10:49 PM UTC
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