Fannie Mae-No Politics (FNMA)

[capitalismforever]

Goodluck with that. Hasn't been going our way in court for several years now. I rather deal with things that are reasonably certain than to place bets based on outcomes of legal rulings, which is one reason I never started investing until Trump became President knowing that his Treasury pick was Steven Mnuchin well in advance.

The event that could land them in receivership is the DTA impairment to the degree that it requires an additional capital investment in the GSE's. That is based on the SPSPA which is already being argued in court and not to the benefit of shareholders thusfar. If you believe commons have a better chance of overriding that agreement anymore than what is currently being argued, goodluck with your thesis. I prefer to wager on a more reasonable expectation which is easier for me to do without the existence of greed which has a tendency of warping the logicality of the mind.