Fannie Mae-No Politics (FNMA)

[FreeFNMA]

Id say it is safe to say they will not change how our housing finance system works, that is way too big of an obstacle for a bunch of goons who cant even fund the govt longer than 2 weeks.

What else are we worried about??? Lame duck Mel Watt making the GSE's a utility company and cancelling out all commons? This is not what Mnuchin had in mind when he said get fannie out of govt control.

There is literally about 1 way this can go and that is recap and release with heavily diluted common shares that will leave us in the mid teens in PPS.