Fannie Mae-No Politics (FNMA)

[FnF_Newbie]

Amazing to think but warrant expiry is no longer that far away in terms of a political & restructuring calendar. The Biden Administration will likely want to own warrant value prior to re-election. Failing that, there's a chance Trump can get elected again (net positive for FnF shares) and finally the warrants will eventually expire if unexercised (which I imagine would be tough to explain politically, depending on legal outcomes) irrespective of who is in the White House.

Bottom line is I agree -- if only because passage of time puts more pressure on the outcome.