Hello FNMA patriots!
Long time reader of this board...finally decided to sign up. A little back ground....I've been in this stock since about $32 a share (still have those original 30 or so shares I bought back then), I bought on its way down just before government took it over in 2012. Now, holding about 13k FNMA and have and order in currently for 10k more.
I am a long time holder on this and own just the fnma stock, no pref's.
Curious on two things...
Does anyone think maybe Trump and his administration are trying to push this out past the election? I ask because in my mind that would change things quite a bit, especially if Republicans win the house and strengthen the Senate as more are starting to expect this outcome. Trump would be able to not only do his administrative fix on FandF but also have a friendly house and Senate for the congressional fix, which MC and SM prattled on about alot a little ways back.
My second question pertains to those who keep comparing FandF to the bank bail outs and AIG which is like comparing apples to oranges. Those businesses were in bad shape and government used conservatorship for far different reasons, as we all know by the documents released in the court cases (Sweeny). So it is moot useless point arguing and using those as bench marks for the GSE's and litigation going on, in my mind.
Be easy on me folks! Newbie here, but a bit tired of being silent with all the misinformation being kicked around.
