Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

I suggest you read this:

https://www.treasury.gov/initiatives/financial-stability/reports/Pages/Warrant-Disposition-Reports.aspx

121 companies were able to repurchase warrants under TARP. FnF received TARP PSPA investments like over 700 companies did, along with providing warrants to Treasury.

Yes, one hundred and twenty one companies repurchased the warrants at fair value.

Treasury has a Fair Value calculation that will be followed to repurchase warrants if even necessary. I think JPS is running out of positions to take.