Fannie Mae-No Politics (FNMA)

[JOoa0ky]

Par would be good if possible.
Don't think that will go also with conversion.
Some people here think PS will get both par and then conversion. I don't think the government will be that generous and they will say it would be unfair for the taxpayer

What is this nonsense about JPS reaching PAR soon? Do the JPS even understand what that means?

There are only a couple ways JPS will reach PAR:
1) FnF redeems all JPS at par.
2) JPS convert at par.
3) FnF reach FULL CAPITAL BUFFERs and so JPS trade at/near par.

1 = it ain't gonna happen
2 = conversion perversion dream
3 = 3-5 years away minimum


Just because they are relisting or the court cases settle... it don't mean par is coming. They are all betting on #2.