Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Here's what I know...
Every quarter we retain more money, it changes our situation.

Every new FHFA head has different priorities, it changes our situation.

Every treasury head has different priorities, it changes our situation.

Every 6-18 months the housing market has changed or goes through change, it changes our situation.

Every presidential election or midterm election changes the political calculus in this, it most definitely changes our situation.

Every court that's been involved in this, the majority of them have blown our minds with convoluted irrational rulings most would not have thought possible, it sadly and unjustly changes our situation.

The last case with the win in Lamberth's court was a positive, but not a true win as far as what was expected, but yes, it changes our situation.

Bankruptcy never was seriously considered, only threatened, and lots of folks now realize that would have been a very bad move and outcome. We are SIFI/TBTF, the realization of this, years ago, absolutely changed and continues to change our situation.

There are still many hidden documents that could expose facts and could definitely change our situation.

So anyone claiming "they know based on facts" is bull pucky. The facts keep changing, events keep changing. No one can predict how, what, why, or when this ends. We'll all know when it happens. All the thesis's are unprovable dreams and will be until a solid move is made.