Fannie Mae-No Politics (FNMA)

[Louie_Louie]

I think short term a stopping of the NWS will help commons more. It may help jps price move but they still won't be getting a dividend until the capital mileposts are met. The stopping of the NWS will bode very well for commons even longer term because based on the current positive mortgage news, the GSE'S are making good $$$, so that combined with no more NWS, will require a new evaluation of capital raise solutions and amounts. This is what will kill any conversion or cram down theories.

If you throw cancelation of the warrants in with this....I don't see how there would be any need what so ever to do a massive dilutive cap raise like all the jps here are wishing for. With NWS and warrants gone, the GSE'S would be well on their way.