Fannie Mae-No Politics (FNMA)

[Donotunderstand]

Thank you

yet I read this as terrible

There was discussion that the sale of GSE stock could be used to pay for DJT tax cuts and included in Reconciliation Bill - this would be good since it will shorten time line


From where I sit the sale of enough FNMA stock to make a difference - would dilute us big time unless the GOV sets a tight limit on # of shares - like in the case of FNMA 4 Billion shares max --- which then can raise 100B without smashing us below 20%

The speakers had narrow view ---- apparently hard to see GOV letting go of the SP/LP obligation and raising money via a high price low amount of share SPO ---- and then GOV continuing to be guarantor behind high level of reserves that pass every stress test easily

As always - beware the phrase RECAP