Fannie Mae-No Politics (FNMA)

[YanksGhost]

Nope. Otting will get an FSOC declaration of SIFI/non-bank strategically important status declaration in January, impose SIFI cap standards and then issue his final action as conservator: receivership, which ends conservatorship and puts the GSEs in restructuring mode and a clean Moelis style recap. Then Otting's role is reduced to regulator while the Fed takes primary responsibility for the outcome in accordance with Dodd-Frank rules, not HERA rules.

IMO.