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A sharp rise in U.S. home prices helped bolster second-quarter results at Fannie Mae, swelling profits to more than $10 billion. The government-backed mortgage finance company recorded net income ...
This is NOT THE CASE. From the Fannie Mae MBS prospectus: "We guarantee to the MBS trust that we will supplement amounts received by the MBS trust as required to permit timely payments of ...
Here's more detail on those arrangements: WHAT ARE FANNIE MAE AND FREDDIE MAC ... action this Congress on such a contentious issue heading into the 2020 presidential election.