Fannie and Freddie remain the two biggest drains on the government, which has been working to extricate itself from the 2008 bailout period when the Treasury and Federal Reserve pumped hundreds of billions in bailout loans into banks like Citigroup and Bank of America, insurer AIG and automakers General Motors and Chrysler.

FORBES: Freddie Mac Books Q4 Profit, Still Needs Uncle Sam To Cough Up More Cash

The request came just a few weeks after Greece was granted an extension to its own bailout-repayment period.

WSJ: No Easy Passage for Ireland and Portugal

Mr Prowle also suggested a bailout from the government could be an option for an interim period while the trust "sorted itself out".

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