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Re: cclose1 post# 522945

Saturday, 05/04/2019 1:48:03 PM

Saturday, May 04, 2019 1:48:03 PM

Post# of 796686

"$59.2 Billion for FNMA and $44.2 Billion for FMCC.
Page 98, OIG audit. "

https://www.treasury.gov/about/organizational-structure/ig/Audit%20Reports%20and%20Testimonies/OIG-19-016.pdf




cclose1,

Thanks for excellent information.

FnF SPS have been valued at $103.4B (59.2+44.2).

FnF warrants have been valued at $9.75B (6.29+3.46).

If NWS is canceled then SPS value can be 0 as fully paid and USt owes more than $20B.

FnF can buy back warrants at UST valuation of $9.75B.


If Gov continues SPS LOC support then FnF are all set for release any time.