Fannie Mae-No Politics (FNMA)

[Spicoli]

KThomp. You may have misread my post...

I said...”But the delist occurred AFTER conservatorship was implemented”

Then they took 1 billion SPS and the right to inject up to 100 billion into each company. (DECAP)

https://www.google.com/amp/s/www.cnbc.com/amp/id/26590793

Delist was the last step. Actually the NWS was last step. So when it’s mentioned that they need to unwind the conservatorship ... In my mind means

1. STOP NWS
2. Relist
3. Recap
4. Release.

Windup in 1 order and then unwind in reverse. I subscribe to the K.I.S.S METHOD.

https://www.merriam-webster.com/dictionary/unwind

Definition of unwind
transitive verb
1a : to cause to uncoil : wind off : UNROLL
b : to free from or as if from a binding or wrapping
c : to release from tension : RELAX
2 archaic : to trace to the end
unwinding the labryinth and bringing the hero out
— Laurence Sterne
3 : to undo (a financial arrangement or position) through the necessary legal or financial steps
unwound most of its natural gas hedges
— The New York Times
intransitive verb
1 : to become uncoiled or disentangled : UNFOLD
2 : to become released from tension