Fannie Mae (FNMA)

[The Man With No Name]

I didn't say it was a bankruptcy, I said when this is released it will be analogous to a BK re-org, and the gerrymandering to get this released will be analogous to a bankruptcy plan.

You can jump up and down all you want but the fact is that the government is running the show and has been all along.

Since there is no opportunity to cash in with the status quo, the government will look for a way to reap further rewards. And the way to do that is with conversion to warrants, super warrants and commons. JPSs will likely be unaffected. And the reason why they will be unaffected is because it would bring about a new round of lawsuits.....just as converting the conservatorship to a receivership would do.

And of course this is political. Biden will want to cement some rules, which will be more lax than under a republican administration, so the time is really now.