Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Those cases likely all get tossed out on technicalities. Anyone hoping for a Court resolution to resolve this is going to be sorely disappointed.

Admin Action via the Mnuchin Dilution Solution is the outcome we should all be hoping for.

Otherwise, it's a long road through the Courts for many more years

but i guess you presume the government also pays fannie/freddie like mega billions

Nope. Just Convert SPS to Common, agree to sell the Warrants back to GSEs later at a good price for the Treasury, sell said Converted shares via re-IPO with Treasury reaping the rewards.

Instant Recap meeting CET1 Capital requirements.