Fannie Mae-No Politics (FNMA)

[FOFreddie]

Hi Bryndon,

Thank you for all the time and money have you given this effort on behalf of shareholders. A derivative suit would essentially accomplish the same as setting aside the NWS and returning the cash earnings rightfully owned by shareholders back to common shareholders.

Unless the Kelly suit is successful no one is challenging the Conservatorship and the only plaintiff that has before was Washington Mutual and they withdrew.

Only Congress will unwind the Warrants but your suit can return the capital to shareholders without any action by Congress.

Thanks again for all your efforts.