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Re: imbellish post# 782615

Thursday, 01/18/2024 5:27:18 PM

Thursday, January 18, 2024 5:27:18 PM

Post# of 793213
David Maxwell, the CEO of Fannie Mae, in 1990, looked me straight in the eye and said, "the number one risk for the stock is political risk", and I believe that still holds true today.

He was a stand up guy and personally went around and shook hands with all the employees at the Headquarters. Back then the entire Fannie Mae employee headcount was approximately 2,000 and that included the regional offices. Today, I believe it's closer to 7,000.

I think it's undeniable that you would see a statistically significant bump upwards in price when the previous administration made statements about "getting the federal government out of the GSES."