Fannie Mae-No Politics (FNMA)

[LuLeVan]

I believe the government will wait until the amount in dispute of all remaining lawsuits has become less than $5 billion. That amount has been set aside for settlements of remaining disputes under the Jan. 2020 Fourth Letter Agreement. Recap/release may be coming sooner than some naysayers here believe. The Dec. 2020 CBO paper by Susan Wachter et. al. presents two scenarios with a capital raise in 2023 and 2025. According to this, recap/release should happen no later than 2025. If Biden is smart (big "if"), he will do it in 2023 to spend the up to $100 billion the government earns on its stake as he sees fit.

Care to hazard a GUESS on the eventual outcome (if any) during our remaining lifetimes?