Gov't Has Made a Lot of Money From Fannie and Freddie, Jim Millstein Says

The video discusses the potential actions of Mark Calabria at the FHFA, focusing on plans to recapitalize and privatize Fannie Mae and Freddie Mac. It highlights the government's significant role in the mortgage market and the challenges in reforming these entities. The discussion includes the political dynamics in Congress and the financial implications for investors. The future of mortgage finance is speculated upon, with emphasis on the need for higher capital standards and potential regulatory changes.

What is the current capital situation of Fannie and Freddie compared to their liabilities?

What role does the Treasury Department play in the recapitalization process of Fannie and Freddie?

What are the potential outcomes if the recapitalization of Fannie and Freddie does not occur?