Fannie Mae (FNMA)

[Robert from yahoo bd]

Thanks! Not really sure how this drama ends, but reversing the NWS is always a worthy goal.

The NWS IS the most anti conservator thing to do and the FHFA and UST may or may not have difficulty attracting Private Capital in a 1st Loss Position in the future if they decide to pick winners and losers in the capital stack.

I think MC said he would leave it up to the board of the GSES to decide how to raise capital, if that day ever comes, but reversing the NWS seems like it might give them more flexibility.