Fannie Mae-No Politics (FNMA)

[M I A]

When the 3rd is voided was the question and not a specific way of straightening out the mess. At least that's how I read it.

Voided would indicate the NWS never happened reverting back to 10%.
And if it goes back to 10% then they have been paid back plus some.
So question one is answered with a NO for conversion. No sp would exist.

Question 2 see above.

Question 3 Yet? Implies they will. We don't know anything.

Question 4 Who knows exactly? Not me.

Question 5 ?. Again not me.

Question 6 ? Not me again.

Question 7 ? Not me. Yet again.

But true depending on assumptions one makes your range makes sense.