Fannie Mae-No Politics (FNMA)

[The Man With No Name]

Wow! You think the UST would go that far?

Yes, of course. Treasury dreamed up the NWS, then the 1 for 1 increase in liquidation preference in lieu of the NWS....so sure, why wouldn't they?

Treasury hasn't shown me anything that says they'll just walk away from the SPS for free...as most here seem to think they will.

They are more likely to take as much as they can. That's their modus operandi thus far.