Fannie Mae-No Politics (FNMA)

[bcde]

"The intriguing aspect supporting this strategy is that it is the ONLY proposal I am aware of that resolves the huge dilemma of having one, low price for current common shareholders and somehow some higher price for Newco iunvestors when each actually own the same stock. It also resolves the other issue: if any new IPO is at prevailing <$2.00 market prices, the MASSIVE dilution that would create would be disqualifying."

This is correct thinking.

If US Gov wants to keep FnF as private companies and also keep FnF as instruments of Gov public policy for maintaining/regulating housing economy then there are not many options. FHFA does not have much say in this White House public policy matter.

Then there are many in Gov and Wall Street who are doing every thing possible to benefit their cronies as a price for ending conservatorship.

These two conflicting forces can explain why there is so much of delay in implementing the White House policy directives to end conservatorship.

Rampant swamp politics in Judiciary, has made things even worse. Most judges have chosen to agree and promote false narratives and lies that revolving door Wall street bureaucrats used to impose conservatorship and rob conservatees.

The first step in raising any capital starts with abolishing HERA and FHFA. But there are no such plans. So it is impossible to raise even a small equity capital. Raising massive equity capital is just a pipe dream that is never going to happen.

Another golden option is, FHFA appointing independent private common law conservator under the supervision of corporate courts. This conservator can negotiate with UST under the supervision of courts for better terms and arrange for release.