Fannie Mae-No Politics (FNMA)

[The Man With No Name]

In any event HERA did not amend the Charter to allow this type of agreement.

That's exactly what HERA did.

I don’t believe there will be any cram down, I don’t believe that warrants will be exercised. I believe the conservatorship will continue until it is no longer politically advantageous to continue. At that time I believe the GSEs will be released with the terms of the SPSPA cancelled by an agreement and announced as saying look how great we are for solving the home financing system and protecting the taxpayers while doing it.

And your beliefs are based on what exactly? Hope.

There is nothing throughout the history of the conservatorship that points to the government/Treasury becoming charitable to shareholders - JPS or commons.

This windfall you hope for is just nonsense. It's not happening.