Fannie Mae-No Politics (FNMA)

[JOoa0ky]

Asking implies that they would be seeking 'permission'. There is no ask.

The offer will be on the table.
All JPS holders will either take it or leave it.
The recapitalization plan will move forth with or without you.

I wonder if JPS shareholders are not also affected by HERA's succession clause. Are you sure JPS holders would really be asked f. e. to agree to a haircut (based on contractual rights)? Or could FHFA and Treasury bypass/ignore them in much the same way they bypass common shareholders?