Fannie Mae-No Politics (FNMA)

[capitalismforever]

No question about it. Mnuchin was very clear that GSE reform wouldn't occur until after tax reform is passed hopefully by august. NWS will continue for at least two more quarters and a DTA impairment is inevitable which will drop the price of all shares tremendously. Modifying the NWS is an act of reforming the companies. Anyone that thinks otherwise is in for a tidal wave of a surprise.