Wednesday, January 04, 2023 9:35:52 AM
A bankruptcy filing. Treasury owns the entire liquidation preference and they dictate.
It's bankruptcy, not liquidation. The charters, with companies attached, will continue to exist. Would there be newcos that inherit the charters or would it be the same corporate entities that hold them now?
Not necessarily. I have seen instances in which common and preferred split 50/50 post bankruptcy any value gifted by the debt holders/ senior interests.
Do you have links handy?
Recent FNMA News
- Fannie Mae Announces Credit Score Model Updates to Advance Credit Score Modernization • PR Newswire (US) • 04/22/2026 05:02:00 PM
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- Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 03/02/2026 02:00:00 PM
- Fannie Mae Releases January 2026 Monthly Summary • PR Newswire (US) • 02/26/2026 09:05:00 PM
- Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 02/23/2026 02:00:00 PM

