Fannie Mae-No Politics (FNMA)

[Donotunderstand]

yes - based on current common PPS

but if GOV wanted to exercise WTS and sell 4B shares - it would IMO IMO note something like --- this will be the MAX number of shares in any eventual equity owned Fannie Mae - no SPO

that would increase our PPS and theirs to say 3 or ?

then if they added a lower capital reserve level needed at the same time?

so PPS right now can change fast IMO - if GOV wants more money for its WTS