Fannie Mae Preferred S (FNMAS)

[rosen62]

Wrong.

First order of business is to come up with a recapitalization plan. By HERA.

Then, the rest of the considerations follow subject to the recapitalization plan so there is nothing in stone.

A detail not to forget. While there is a recap plan no funds can be submitted to the Housing Trust Fund.

If FHFA orders the companies (or requests Treasury) to formulate their recap plans, how long do you think Mel Wat will keep the HTF without the promised funds? First allotted funds scheduled for Jan 2016.