Fannie Mae-No Politics (FNMA)

[SREZ]

Kthomp19,
Trying to get my head wrapped around this......
WHY, oh WHY is a long value shop like Capital Group meaningfully exiting their liquid JPS -- FNMAS & FMCKJ? WHY is PRIMECAP doing the same? WHY has Fairholme followed in the footsteps of these two, or is it vice-versa? Why NOW?
These are players that have been around a long time. Is it that there will be no capital raise for F&F, yet some mythical g-fee markup used to help 'balance the budget' and potentially allow the Treasury/USG sell shares into the open market with a consent decree?
Won't there be major blowback by the Republican Congress?
Do you see any meaningful light at the end of the tunnel for Biden's Team to act on F&F b4 losing the '24 Election? Why is Larry Fink so critical to the fate of F&F, especially their potential exit from Conservatorship?
Answer any or all! Lover ur thoughts and opinions!