Fannie Mae-No Politics (FNMA)

[Wise Man]

***BOMBSHELL*** It's been laid out the only 2 options for the Govt:
1-A net refund (after taxes) worth $167 billion of the ill-gotten funds during Conservatorship (TCCA fees, CRT, SPS overpayments, etc), as part of the so called Secret Plan that upholds the law. The SPS and the warrant must be canceled and post a tax-exempt profit in the case of the SPS.
2-Buyout of FnF at PER 9x. FNMA=$146ps; FMCC=$193ps. Market Capitalization $294 billion. The purchase can be financed with their $313 billion Liquidity Management portfolio. Taking into account all the Capital generated by FnF, either syphoned to UST or now in the balance sheet, and the repayment of the taxpayer's assistance ($191 billion), the UST would be using $248 billion of the Equity holder's money for the purchase. So, the real cost of buying FnF to the UST, is just $46 billion. That's a mere 1.4 times PER with the annualized 3Q adjusted EPS. Footnote: the JPS remain in the Capital structure.
****In both cases it's considered the payment of $40 billion to the Equity holders as compensation for Moral and Punitive damages. $16ps****