Fannie Mae-No Politics (FNMA)

[FOFreddie]

Thanks Rumple - did not see the previous posts before responding. Hard to argue with Tim Howard - dont understand how this gets resolved but I am all for waiting for SCOTUS to decide next steps.

My assumption was that the new Amendment was intensely negotiated based off the detail and the comments that Yellen and Bidens people were advised. I assumed that the FA and Legal Advisors believed it was a credible plan. There sure will be a lot of legal and investment banking fees if things get settled and the cash is raised.