Fannie Mae (FNMA)

[Release us]

This change of the RNC platform is a big deal. Think of it like this, it is not a whim of the rules committee... This new platform on the GSE issue came from the "White House". It is awesome news. The market is overreacting to the comments made by Mnuchin Thursday. He simply gave the same answer to the question he gave in the Senate hearing. "We expect the dividend to be paid". That answer will be the same until he is ready to announce something.... Now as far as pushing this till next year I believe they do want to do that as they will have more flexibility then.