Fannie Mae-No Politics (FNMA)

[Freddie bagholder]

Recap release might(or should happen cus warrants expire 2027) happen with Trump but i am not going to wait for it.
The process is tiresome-
1. Getting rid of Sandra
2. Getting someone intelligent to run FHFA - with nomination process at least 6months - 1 year
3. treasury needs right people and agree on right plan

So assuming 1,2, and 3 are done fairly quickly, i think its still a 2 year process.