Fannie Mae-No Politics (FNMA)

[Potty]

The capital rule can only be a negative - crazy capital requirements or never appears, stuff tanks. It appears, ok but so much still needs to happen

Federal judges, SCOTUS included, know when judgements have multi-billion dollar implications. I don’t see them ruling in a way that hurts government in FnF cases. I just don’t

Trump is on the ropes right now - down 4-5 points in crucial states. I do not see them risking anything with FnF before the election to make things worse

So I think it all comes down to whether they act between Nov 5 and Jan 2021 - as Trump’s election prospects get clearer (and his defeat imminent) a couple of months before the election then the FnF securities may decline - that might be the time for the gamble

I sold out again last week, I may wait for August or September, tho if pref hits $4 I would buy

Not a recco