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FNMFO - FHFA Is Working With Fannie/Freddie To Help End Conservatorships
Fed Nat Mtg Assn Pfd
FHFA's Sandra Thompson says the GSEs have barely any capital and that adequate capital is a precondition for exiting conservatorship.
Sandra Thompson says she can't unilaterally end the conservatorships, presumably because the Senior Preferred Stock Purchase Agreement with Treasury prevents raising capital.
Sandra Thompson says that FHFA is committed to working with Treasury and is working with the enterprises to take steps to end their conservatorships.