Fannie Mae (FNMA)

[Hvp123]

When I say $.30/yr div I took the 80% Govt warrant into account so thats worst case scenario. I will be more than happy for the rest of my life :) I know our portfolio is triple now and more than 75% people have 750 and above FICO score, so this is the best mortgage portfolio in the 80 yr history of the Co. Bill and Bruce can optimize the business ever more to get us up to $.50/ yr. GGP started with 9 cents out of BK now its like 16 cents/qtr in 3 yrs. Plus potential to get free shares of CSP if they spin off, like we got HHC and RSI shares in GGP case. I am retired before hitting 50 only because of Mr. Ackman, I am a huge fan of him since the day I read he bought 25% stake in GGP and then convinced the BOD to file for Ch 11. My dream is to go to his office one day to thank him personally and discuss investment in his fund in future to return his favor :)