Fannie Mae-No Politics (FNMA)

[MannSinger]

$400x24months to FTHB will be paid by GSE in exchange of warrants

1. SPS to be writen off because SPS+10%+$30B extra already paid.
2. Extra $30B will be used towards LOC of $300B for next 10 years.
3. Returned warrants to GSE to be used towards payment of $400 per month for next 24 months to FTHB and starter homesellers as proposed in the SOTU. Blame congress for not doing so as proposed in SOTU.
4. GSE raise capital using 50% of warrants; that's 40% dilution.
5. Big announcement may be on Memorial day or Independence Day.