Fannie Mae-No Politics (FNMA)

[HappyAlways]

It is coming. Just hold firm and buy more, if you can.

My version of the reform plan:
1. UST to stop the NWS
2. UST to return the NWS over-payments ($16.1B) to the GSEs as capital
3. UST to confirm the bailout had been fully repaid already
4. UST to waive the 79.9% warrants
5. JPS are converted to commons at face value
6. GSEs to issue new JPS to raise $50B capital
7. GSEs to issue new Commons to raise another $50B capital
8. UST to release the GSEs to operate as-is or as an utility
9. UST to waive the GSE capital requirement for the GSEs for 3-5 years

FnF did not cause the housing crisis. They were put into C-Ship to bailout the TBTF. NWS is clearly illegal taking of private property. JPS are loans (instead of speculation) with 5-6% interest that haven't been paid for 11 years. It is time to restore justice. MAKE AMERICAN GREAT AGAIN !