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FNMFO - Fannie/Freddie Recapitalization Framework On Mnuchin's Desk
Fed Nat Mtg Assn Pfd
A framework for the recapitalization and release of Fannie Mae and Freddie Mac from conservatorship is on Treasury Secretary Steven Mnuchin's desk.
Wall Street bankers have been meeting with Treasury and have seen that the framework has input from FHFA's Mark Calabria.
After years and tens of thousands of man hours in the making, it seems that the only thing that is missing is final signatures executing the GSE Big Bang.