Fannie Mae-No Politics (FNMA)

[Wingsjr]

1st the Government has always had a position in the GSEs. That position will be worth 300-400 million if we hit a new ATH. They won’t sell but use that number to offset the deficit. They will receive dividends and the whole package will go into the SWF. I disagree on the courts. They try to take anymore shareholder value, there will be 100 judges just hoping to get our class action lawsuit to halt 47’s plans. Pulte knows it, so does Bessent which means 47 knows it. We have a seat at the table with strong cards.