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FNMFO - On The Precipice Of Admin Housing Finance Reform
Fed Nat Mtg Assn Pfd
Sandra Thompson was confirmed by Senate vote May 25. Sandra Thompson needs to be sworn in before she is a fully permanent FHFA director.
Sandra Thompson has finalized the capital planning rule that mandates Fannie and Freddie put together capital restoration plans.
Treasury is currently blocking Fannie and Freddie from being able to raise capital and so Treasury would need to restructure its equity stake for these plans to be meaningful.