Fannie Mae-No Politics (FNMA)

[Digra Ive]

It means the PPS will drop by 1.5 -1.8 times. May be I wrong and may be not, the worth scenario if Govt will exercising 80% of warrants at once ( I believe it will hardly happened) should depress PPS by 5 times low. If I connect all pieces of puzzle including FNMA potential earning of 17B by Q4/2020 we should back to track of current level of PPS at one year term.