Fannie Mae-No Politics (FNMA)

[Louie_Louie]

I beleive they will do a consent decree release until election. Once Trump has the house and Senate majorities, then the problem of him working with the current congress on the GSE's gov backstop guarantee disappears hopefully. Right now MC and SM are doing no holds barred administrative moves...BUT, courts could muddy things up and is probably why the can keeps being kicked, and kicked, and kicked??
Hoping they will do the right thing and treat all holders fairly.
I do think if they do a capital raise (IPO, RE-IPO or whatever ya wanna call it) after screwing commons and/or pref's, it will make for one very hard capital raise unless they entice some loaded player (scoundrel) like Buffett to pay for the offering from his pocket alone. I don't think Buffett likes Trump as much as he did Obama though, so there's that...