Fannie Mae-No Politics (FNMA)

[LuLeVan]

Lamberth delay was kind of expected. The delay increases interest received.

Fannie Mae is losing about $95,000 per day in interest. (Freddie doesn't have to pay interest, for now, could change if plaintiffs appeal or if a settlement comes up).

The election date is November 5th and cannot be postponed. Every day we get closer to the election, more hopium will fire up the GSE stock prices.