Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Oh, sorry. Thought it was a sarcastic question. Answer is simple: Any capital raise will be dependent upon the FHFA/Treasury fully agreeing to end their shenanigans (NWS in particular) and also deem the Sr. Preferred paid off in full. Once it's agreed to and Conservatorship is deemed to have run its course, there will be Wall St money lined up for miles to throw their money in the ring.

Unfortunately, that likely means more Preferred shares, which means more dividends, which means less earnings to count towards Common's earnings per share.