Fannie Mae-No Politics (FNMA)

[Donotunderstand]

ALL ?

Seems like a meaningful "amount" would change if NWS is tossed (retro)

LP goes to 187 (you note) -------------- (What is it today ? About 240?)

FnF get 55B from Treasury

Seems like a bunch - between the reduction of obligation as viewed by Treasury and then the ability of a private FnF to pay (more capital and cash)

Do you know what THAT delta is ---- from TODAY "Treasury claimed obligation" to 187 and the distance for FnF to reach that ? e.g. The haircut on JPS that is 35% in your other post goes to ? And the more capital and the less F and F owes GOV the better by far for COMMON - for sure (although a GOV conceding LP is paid already is best(