Fannie Mae-No Politics (FNMA)

[kthomp19]

I am going to answer the 3 questions in 3 separate posts as best as I can get to them.

Thank you for these answers. You are explaining things far better than I could.



One thing I would add to your answer for #1 is that a senior-to-common cramdown would have nothing to do with the conservator's "preserve and conserve" mandate because that mandate only pertains to assets, while the cramdown would not affect FnF's assets at all (only their equity).