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Re: curious999 post# 603136

Wednesday, 04/08/2020 10:52:52 AM

Wednesday, April 08, 2020 10:52:52 AM

Post# of 797324
FNMA There’s no conversion. That is up to the BODs and currently the Board has no say.

Maybe after conservatorship ends but I’m doubting it very much.

The Ps could be bought out for about $16B as part of a new P share offering of 1B shares at $60 or $70 leaving FNF with $45 - $55B after the smoke clears.