Fannie Mae-No Politics (FNMA)

[LuLeVan]

Isn’t recommending exercise of warrants and converting the Overpaid SPS endorsing the Swindle?

Even Tim Howard recommends exercising the warrants in his latest article. Do you consider him a "swindler" as well?

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https://howardonmortgagefinance.com/2023/01/04/a-political-problem/

Through exercising the warrants, bringing Fannie and Freddie out of conservatorship with a capital standard that allows them to price their business on an economic basis, and then selling the shares from its warrant conversion, the Biden administration could capture a very large portion of that $220 billion potential value for itself for whatever purposes it wishes, including an affordable housing fund.