Fannie Mae-No Politics (FNMA)

[SREZ]

Kthomp19,
What are the specific developments/inhibitions 'preventing' the NWS from 'simply' being turned back on?
There appears to be a 'sweet spot' for the Biden Admin to grab the cash (80% of $150B, 100% of $50B). It appears the '80% method' in essence protects the JPS (with probably a negotiated haircut), while heavily diluting the Commons. The '100% method' appears to put the Commons in absolute no-man's land, but what IYO would happen to the JPS under this method? Am I reading the situation correctly?
TIA