Fannie Mae-No Politics (FNMA)

[JOoa0ky]

Quote:
According to a press release from Freddie, J.P. Morgan will provide “strategic counsel and perform a range of tasks to help facilitate Freddie Mac’s exit from conservatorship, including advice and assistance on valuation analysis, consideration of potential capital structures and assessment of capital raising alternatives.”

“J.P. Morgan is pleased to be selected as Freddie Mac’s underwriting advisor,” the bank’s chairman and CEO Jamie Dimon said in prepared remarks. “We look forward to working side-by-side with Freddie Mac on this historic assignment in the months ahead.”


Months. Not years, months. There is also this:

Quote:
“If all is going well, [in] 2021, 2022 we will see very large public offerings from these companies,” Calabria added. “We will be allowing these companies to go out there and raise the capital they need so they can get out.”


Calabria is not going to slow-walk this on purpose.

So JPM says months and calabria says years haha.