Fannie Mae-No Politics (FNMA)

[Wise Man]

The stocks won't be "treated" at all, upon resolution of Fanniegate and release.

Both classes will be equally treated at release also, just based on what has happened for 15 years.

Once Fanniegate is unwound (cash refund and posting in their Retained Earnings accounts), the financial markets put the market price they should trade at. That is, the stocks will trade accordingly, based on their fundamentals. Something that the Separate Account, the Warrant and the Charter-unauthorized CRT operations to misrepresent their financial condition, jointly with the frivolous lawsuits that covered everything up, prevented the stocks from trading at their true fair value all along. The reason why we request a compensation for Punitive Damages (stock price manipulation)

Likewise, the SPS, adjusted for the separate account according to the law, they were long gone (end of 2013 and 2014, Freddie Mac and Fannie Mae, respectively). Today's gifted SPS, a joke "in the best interests of the Agency" to hold the Common Equity in escrow.
No one can have the perception that the UST can make profits off the FnF's assets and securities, after reading the Fee Limitation clause in the Charter Act:

Other than the small rate on "any redeemable obligations", such as SPS, in the original UST backup of FnF, spotted by the SCOTUS-appointed amicus representing the FHFA, professor Nielson, right away:

Yet, we have Glen Bradford with the alias LuLeVan, who opposes the Separate Account and lays out incentives to the Government with the release instead:

the government would otherwise earn nothing at all.

The UST has earned an estimated 1.8% dividend rate (applying a 0.5% spread over Treasuries with each purchase/no-purchase of SPS) as per the Charter dynamics (as a last resort), but it's netted out with the interests on the $152 billion owed to FnF.
So, the UST will net $0 after 15 years (excluding the estimated $46 billion windfall with the legislative fees: TCCA fees and 4.2 bps to two Affordable Housing funds, plus other benefits with the amount due to FnF in the Federal Programs, called Obama's programs like HAMP and the MHA program, carried out by FnF, but later they weren't reimbursed for the costs associated with these programs, estimated in $15 billion. That's why TARP was so successful. Huge money still due.)
🚨Huge profit only in the case of a Taking at the Book Value, plus resale of FnF to bigger players, adding the Deferred Income, net, (Accounting Standard change) in the price tag.

There won't be winners and losers if every stock trades accordingly, with regard to their fair value.
We know what you did in your comment. The crew of "both share classes treated equally", or as Pagliara said after including the UST, "balance of interests", "everyone must win", and also:

The hedge fund manager Gary Hindes as well, with the "meet you in the middle" approach in a negotiation with the UST.
They are called "chamber investors" for a reason.
It's called "negotiation" when several options (Taking? Takeover? As is?) are laid out, but the only negotiation is about the settlement of the 8 Securities Law violations and the payment of Punitive Damages. An all-in settlement worth a 0.25% rate on a par value JPS, already explained how it was assessed. $4.8 billion.
The plotters (FHFA - hedge funds allies), with the "how the stocks will be treated upon release", expect a Solomon-type judgment by the Congress, to change the outcome and the fact that Cs and JPS are different stocks with different fundamentals and stock valuation.
Everyone wins if the Rule of Law is upheld.