Fannie Mae-No Politics (FNMA)

[Donotunderstand]

that is the only reason

note - if capital level required stays where it is

note - if Treasury wants the LT paid back 100%


then capital needed

but if LT is settled out and capital level is halved - then IMO FNMA can get there with profits --- allowing WTS to be exercised and the acquired stock to be sold by Treasury (with cap of 5B shares outstanding) at 20-25 per share

so our shares - our 20% - are worth the same

no need for raising capital

but if we have to pay off the LP or reach an absurdly high capital level then yup