Fannie Mae-No Politics (FNMA)

[bcde]

"I do not understand your "lunacy" comment and why you think FNMA or any commany could raise public funds without a working BOD or some type of Special Committee accountable to legacy and new shareholders as a transitional step."

Not sure who is or will be crazy.

It does not matter whether FHFA has the authority or not. But it is impossible to raise any fresh equity capital while

1. FnF are under FHFA conservatorship
2. FnF shares on otc markets
3. SPS LPV is not set to zero as fully paid
4. Litigations are still pending in courts

To raise any capital the company must be independently managed by shareholder elected BOD.