Fannie Mae-No Politics (FNMA)

[M I A]

Trial or not, if brought back to 10%(loan shark rate), the overage of $27B gets sent back to FNF as retained earnings, and removes the debt of sp/lp.

That's a win. Then Jp get their place back to the top of cap stack and release would be a definite. Plus common would be rid of any sp conversion threats and would be closer to reaching capital goals.

Next up: lower that dang cap rule and warrants can kick rocks.

But, we'll see. Trial or not, the above could be achieved. Deemed paid, return overpayment, and as punishment throw warrants in the trash.

JMO