Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Unless they exercise the Warrants and then immediately sell their shares. Then they could run the GSE's through Receivership and get paid out on their Sr. Preferreds. That would be the biggest double-dip in history and a terrible ending to this story.

But it's certainly a possibility. HERA says the FHFA is untouchable, and the Courts continue to agree.

Expect nothing, be ready for anything