Fannie Mae-No Politics (FNMA): That is anybody's guess. My point is......

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Louie_Louie

Re: CNorris2 post# 777145

Friday, 12/08/2023 5:18:24 PM

Friday, December 08, 2023 5:18:24 PM

That is anybody's guess. My point is... Those pushing on here that there can only be a conversion are wrong. There's about a dozen or more things the government/FHFA/GSE's can do. Right now, I view all three of those entities as "government" because all three basically are, Even the GSE's! Are the boards not hand picked by the government? Absolutely! So, think about it... Certain things government can do, certain things FHFA can do, and certain things the GSE boards can do, but when you get down to it, it's all run and done by the same team, and we are not part of it, so possibilities of what can and can not be done are not finite.

My cost basis on FNMA is about same as Akman's, $2.50-2.65. on FMCC around $1.60-$1.75.
They will be a gamble, but so are JPS.

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