The various bills in Congress would eventually eliminate the Fannie and Freddie payments to Treasury. But the US government could still make money if it sold its 79.9 per cent stake in the companies, depending on how much value that generated, according to Michael Bopp, a former associate director of the OMB.
The warrants were taken as a collateral item in case of GSe failure. No court is going to allow the government to maintain the warrants in light of the repayment and total recovery. To do so would be something on the order of piracy and if America still exists, then it is not in our legal structure to allow such shenanigans....by the government or anyone else, for that matter.