Fannie Mae-No Politics (FNMA)

[nats1]

At the end of the day I expect the government to do whatever it takes to maximize their profits...through some crafty accounting, paperwork, and assignment of warrants with triggers tied to effective dates.

I think everyone recognizes the Government will seek to max value. But they have to do this by keeping in mind the court cases and political and economic considerations. As part of getting the most they can out of this, and resolve this in a reasonable time, they may end up optimizing their outcome by backing off some. How much is the issue du jour.

Nats