Fannie Mae-No Politics (FNMA)

[bcde]

"Here you contradict yourself. Moelis is not viable because it takes too long, but your plan involves a drawn-out retained earnings-only recap. Your plan is just as susceptible to all the supposed risks you described. "

kthomp19, Thanks for the response.

Under Shareholder's Realistic and Pragmatic Post Card Plan, all the steps (steps 1-9) can be executed right now without any waits, without any uncertainties, and with minimum of risks. Positive effect on economy and all stake holders will also be immediate and administration will have at least another 12 months to promote its achievements. Besides this plan does not impose any constraints on any one and does not depend on anything (except Gov LOC that exists now also under conservatorship).

As far as taxpayer risks associated Gov LOC during FnF capitalization, it is no different whether capitalization is done before or after conservatorship. More ever it is the FHFA which created this risk by robbing FnF of all its capital with NWS and one can not blame FnF for this. Since FnF are profitable for foreseeable future with solid business model, the risks are negligible compared to drawn out Moelis fantasy plan.

Steps 10 and 11 require congressional involvement and can be executed at the pace of Congress.