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Fannie Mae FNMA
Posted On: 04/11/2013 4:24:27 PM
Post# of 1629
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Posted By: goarmy123
Re: RobInvest #421


This doe's not give the details of Q or annual. I would guess annual. I will dig in Congress and the House for this "new" agreement and see what it exactly sais!


"Under the terms of an agreement with Treasury that went into effect this year, the enterprises will be allowed to retain only $3 billion in net worth. Any profits beyond that amount will go to taxpayers."


http://www.bloomberg.com/news/2013-04-10/fann...udget.html















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