Fannie Mae-No Politics (FNMA)

[FOFreddie]

WOW! Thanks for sharing - sounds like it may take some time for the plan to emerge. I am hoping we get past the Motion for Summary Judgement and start to see how the lost divs claim is framed.

What time period for JPS and how will they handle the divs on the FMCC common.

Also - this just shows how difficult the APA is regarding any change in the Governance of the GSES. Calhoun's plan will not be easy or fast to get done. Not to mention avoid doing something that will roil the MBS market.