WHITEPAPERANALYSISOFTHE TREASURY TAKEOVER OF Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) The U.S. Treasury has controlled Fannie Mae since 2008 through the Federal Housing Finance Agency. Today Fannie Mae is a cash generating machine that sends billions of dollars in quarterly dividends to the Treasury. These business-generated cash flows provide the Treasury with monies to fund Congressional appropriations and delay the harsh reality of asking Congress for an increase in the legal debt limit which is a controversy in itself. Because of the terms of the takeover, Treasury can increase its dividend payments by simply making a managerial decision to increase their investment in Fannie Mae and thus increase its cash dividend payments. Executive Summary: Fannie Mae was taken over by the U.S. Treasury on... More