Fannie Mae-No Politics (FNMA)

[FOFreddie]

POTUS specifically mentioned making profits off warrants in Sunday's press conference.

Perhaps this will make the focus on making money off the 80% stake in FNMA and FMCC? It is obviously the best way to get a good headline rather than diluting public shareholders via the senior preferred.

Maybe UST/Fed will inject capital in the GSE's in the near term to bring down mortgage spreads and replace Govt capital with private capital raises in the next couple of years?

Politically - a big profit from FNMA and FMCC could be lumped in with other bail out profits to show how good of an investor POTUS and UST are. Making a 100 bn from the UST stake would play best if it was included in CV19 overall profits perhaps?