Fannie Mae-No Politics (FNMA)

[Donotunderstand]

yes
seems if one can win the argument that ALL dividends are returned - and are part of the capital base - then the new 240B is super reachable !!

not sure why one expects that

such action flies in the face of GOV accounting !!

the refund would be now ---- 120B for example - while the GOV income from that 125B was in the past ---- GOVernments do not pay for past issues like that - IMO

no way Treasury finds a NEW this fiscal year 125B - no way

however - an amount over 10% - say 30B - or an amount over a renegotiated 10% to 5% which might be 60B ---- traded as paper to F and F is not impossible

neither is the TREASURY saying we sell the warrants - all of them to F and F for 30-40B (also on paper A)

all value requires the GOV to accept that payments to date - regardless of any or no refunds - paid off the 180-200B infused