Fannie Mae-No Politics (FNMA)

[MLAT24]

Speaking of executive privilege and Gary Hindes, he’s posted his comments from the USCFC Washington Federal case on his site yesterday. A good read.

He removed the “Time for a Fresh Look” letter from March 9, I assume because people were posting it or maybe his views have changed.

Par and not a penny more for the JPS seems about right whether as part of an administrative led restructuring or judicial settlement. But as you say, who knows…

If indeed nothing happens administratively, I would assume they would shelve JPM/MS at some point but what do I know,