Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

Bradford, good to see you’re learning Collins is asking for the LP be treated as principal on the PSPA and it be deemed paid by the $300+ billion in payments from the GSEs to Treasury. Maybe you can start with that premise for your next SA article.

If you do it will be quite hard to twist it into a beneficial JPS narrative. Please recall Tim Howard, former CFO of Fannie Mae, called the very JPS you and your friends invested in a “quagmire” trade. The very same Tim Howard who issued the shares you own.

I hate to see folks who follow an antiquated thesis miss out ...

Good luck!!!