Fannie Mae-No Politics (FNMA)

[HoldenWalker99]

Just read posts from kthomp or me; most of the answers to this question are there.

Most likely, a junior preferred conversion or a recapitalization that allocates a significant portion of the total common equity to new investors; also possible that senior preferred are in play and converted to common equity.

It's funny. Everyone here loved Bove and all of the times that he's been favoring GSE reform. But now they don't like his answer. Love it.

“Calabria will probably seek little for common share holders...”

How do you foresee this panning out?