Fannie Mae-No Politics (FNMA)

[Potty]

Hi Yank, thanks for the ARR tip. I sold all my mreits a while ago. I decided I didn’t like the risks.

I had not thought through the 90 day, rather than 60 day, comment period and the complexity of the rule. 90 days gets us to late August. Then a period to reflect on comments and perhaps make revisions... so looks like congress gets to review.

With a Dem sweep in November looming, this looks like a new layer of risk, right? Unpick the whole deal - perhaps with a new FHFA redoing the rule et al.