Thursday, April 27, 2017 11:31:02 AM
CapitalismForever made a good point. Like General Motors, this is what will happen if the GSE's go into Receivership:
https://en.m.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization
Commons will be wiped out, and a new entity will be formed. That new entity will then be IPO'd as a new company w/ new shares.
They're also building a NEW Fannie Building, so maybe that has something to do with what's down the road for the 2 companies.
Holy $&@t!
https://en.m.wikipedia.org/wiki/General_Motors_Chapter_11_reorganization
Commons will be wiped out, and a new entity will be formed. That new entity will then be IPO'd as a new company w/ new shares.
They're also building a NEW Fannie Building, so maybe that has something to do with what's down the road for the 2 companies.
Holy $&@t!
Recent FNMA News
- Fannie Mae Reports Net Income of $3.7 Billion for First Quarter 2026 • PR Newswire (US) • 04/29/2026 11:24:00 AM
- Fannie Mae Releases March 2026 Monthly Summary • PR Newswire (US) • 04/28/2026 12:30:00 PM
- Fannie Mae Plans to Report First Quarter 2026 Financial Results on April 29, 2026 • PR Newswire (US) • 04/27/2026 12:00:00 PM
- Fannie Mae Announces Credit Score Model Updates to Advance Credit Score Modernization • PR Newswire (US) • 04/22/2026 05:02:00 PM
- Fannie Mae Releases February 2026 Monthly Summary • PR Newswire (US) • 03/26/2026 08:05:00 PM
- Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 03/02/2026 02:00:00 PM
- Fannie Mae Releases January 2026 Monthly Summary • PR Newswire (US) • 02/26/2026 09:05:00 PM
- Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 02/23/2026 02:00:00 PM
