Fannie Mae-No Politics (FNMA)

[bcde]

"Btw. If I recall weren’t you the one saying they would be released before all 180b was there. Seems you were correct"

brooge,

Thanks. In a way yes. All along I have argued that only logical possibility is Release and Recap and there is no possible path to raise fresh capital before release. I also suggested that FnF BOD/CEO (shareholder elected) should decide on to recapitalize (Post Card plan).

Now the big unanswered question is about warrants. Hope FHFA and UST agree to allow FnF to buy back warrants at UST standard valuation.