The revelation that Fannie Mae is requesting to draw from the Treasury to make up for a $3.7 billion deficit after a $6.5 billion loss in the fourth quarter of 2017 has reinvigorated the debate over whether the government-sponsored enterprises should be reformed or allowed to establish capital buffers.
Fannie Mae CEO Tim Mayopoulos said that the loss is an isolated incident, while some argue that it has much broader implications for how the secondary market should be structured.
Find out what an industry trade leader and a high-level legislator are saying about the company’s funding request.