Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Exactly! Also, it will be the dropping of the capital standard that releases us! We build capital currently, and I fully expect the next administration will have the FHFA head drop the capital standard to 3% or below. Not the current 4+%. Then JPS will have zero legs as far as restructuring nonsense. If released with adequate capital based on a new rule, no capital raises required to dilute and turn shareholders off. The key will be not hurting the GSE's while still providing a decent dividend to both share classes after release, once they are deemed capital heavy and are able to pay out dividends both share classes will recover.

I've been saying this for years...JPS will stay as they are, common also. The only value that will be realized will be as we close in on an adequate capital number, which will propel the release. Now..... if you're a betting officianado, which share class jumps the most on release? (sans dividends, since that will be another year or so down the road)

The government knows it's in a catch22, and pissing off the shareholders, the market, or stealing to infinity is not how they get this done securely. Probably why they have the courts losing face to kill any and all law suits.