Fannie Mae-No Politics (FNMA)

[jacklanvo99]

Restore fnf after market close !!??

In short, it's tough to argue with the assertion that the current arrangement is unfair, and it's also tough to argue with Ackman's calculations. However, the mathematical fact is that Fannie and Freddie would be unable to remain profitable on their own -- even if the original 10% dividend is restored -- without significant changes to its debt structure, and an exit from its conservatorship. Freddie Mac's recent losses, and Fannie Mae's less-than-stellar profitability, create additional obstacles for their investors' quests for change.