Fannie Mae-No Politics (FNMA)

[real777mellon]

Even if the gov't warrants were to "dilute" us... this is today a 4.2 Trilly enterprise value and just 1.27B Mcap. With 72.6B cash after only being allowed to keep it since Q3 2019. In a market with low inventory. The thing is I could care less if 20 Billion shares were outstanding once we get into this housing boom Buffett signaled in Q2 2023 by his DR Horton investment + other builders. We have a perfect environment set up. Privatization is inevitable - it has to start in 2024 imo. I don't think it's a partisan thing at all. It's more of a Wells Fargo, JP Morgan, BoA, Truist, etc thing (banks that originate mortgages "lend" and want privatized FnF to buy their mortgages as warp speed to fuel this cycle).