Fannie Mae-No Politics (FNMA)

[imtheshadow]

Great news (though 7 against, say what?!?!), but as Obi says, more journey awaits. If R&R is final destination, think of how many parties will affect the timing and outcome: Pres., his advisers, UST, FHFA, Congress, WS/TBTF banks, courts, P's (in Collins and possibly other cases), new investors, etc. On top of that we have the possibility of appeals and that insignificant event next year on Nov 3rd. Yikes, I just hope this is one case where the (remaining) journey is its own reward ... cheers, shadow