Fannie Mae-No Politics (FNMA)

[YanksGhost]

The IPO market has become increasingly skittish and skeptical. ROCKET's IPO got cut from 150 M shares to 100 M shares, with the price target cut from $22 to $18 because so many previous IPOs in 2020 failed or flailed.

I posted earlier last week that I sense FHFA and/or the GSEs are facing bleak prospects for a onetime, major shot of IPO shares to solve their capital deficit in this uncertain market.