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FNMFO - Admin Action Remains Possible Before GSE Legal Rulings
Fed Nat Mtg Assn Pfd
The Federal Housing Finance Agency that regulates Fannie and Freddie has continued to let them retain earnings under Biden.
In this context, the Biden administration can only get money out of Fannie and Freddie by restructuring and selling its stake.
The Trump administration was unable to make changes to the SPSPA without having a confirmed director, and so we await the confirmation of Sandra Thompson for the Biden administration.