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LuLeVan

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LuLeVan

Re: Fannie Heyyyyy post# 773539

Monday, 11/06/2023 6:40:32 AM

Monday, November 06, 2023 6:40:32 AM

Post# of 795700

"Why couldn't they just announce that they will turn dividends back on...Is this plausible?"



No. The FHFA does not care about legacy shareholders. It cares, if at all, about the financial health of the two companies. The less money the legacy shareholders (commons $ JPS) get, the more money is left in the coffers for FnF (as corporations), for the FHFA (lazy bunch of home office bureaucrats), and for "the public that it serves" (Scotus).
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