Fannie Mae-No Politics (FNMA)

[HappyAlways]

My guess to the recapitalization plan:

1. re-list FnF in NYSE. PPS will soar to $8~$12 quickly
2. UST to announce that loan had been fully repaid and waive the SPS
3. UST to exercise the 79.99% free warrants (about 4.8B shares for Fannie) & sell in the market in batches
4. UST to repay FnF the over-repayment (in excess of the 10% interest since NWS)
5. FnF to keep the UST repayments as capital (about $20B for Fannie)
6. FnF to gradually build up the required capital thru earnings or new shares placing

IMO & GLTA.