We shareholders now have new competition for top priority - Greenland. So, it's anybody's guess how quickly they will get to a housing plan announcement, or closing the deal on FnF.
Rubio told Congress yesterday that we are looking at purchasing Greenland and, yes, it IS a national security issue which is beyond dispute: Russia has been rebuilding their Soviet era arctic bases and their silent partner in most actions, China, has declared itself a "near-Arctic state" with strategic interests in cooperating with Russia on arctic development as a security measure. So, please leave aside the ignorant or uninformed political remarks.
What the issue for us becomes is that this WILL heavily involve the U.S. Treasury, as did the Venezuela action in the law enforcement and military activities requiring U.S. Treasury-related enforcements (mainly tracking assets, international money movement, money laundering activities, etc. which by necessity involves Bessent), as well as the funds that will be required to purchase Greenland - if they agree, and, obvioulsy, for we shareholders in how that affects the assessment and treatment of our claims. Although I am not counting on it, some of the new found assets out of Venezuela and the ongoing tariff income may actually work in our favor - way too early to tell.
But, it is anyone's guess as to how much of Trump and Bessent's time have been sidetrack from finalizing the housing plan release and FnF related decisions. Since FnF's year-end financials are not likely to be filed until mid-February we were not likely to be addressed until then anyway. We shall see ...
One can avoid reality, but one cannot avoid the consequences of avoiding reality.
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