Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Sounds like a SPS Conversion may be incoming. It makes the most sense if the Treasury really wants to maximize their returns on the GSEs.

Why settle for 79.9% of Common equity when they can have closer to 99%?

Ultimately, this might happen even with a positive SCOTUS ruling since this is one of the remedies that Collins has offered.

Scary to think Commons might actually be significantly over-priced at current prices.

Did Banks Pay Fair Returns to Taxpayers on the Troubled Asset Relief Program? | Cato Institute https://t.co/5V389iKM4N

— Mark Calabria (@MarkCalabria) September 30, 2020