Fannie Mae-No Politics (FNMA)

[quikfix]

Regarding senior preferred shares.

So the government owns 1 million senior preferred shares valued at 117.149 billion dollars with a warrant to buy 79.9% of FNMA's common stock. Am I reading the financials correctly?

So how do you think this will affect FNMA common shares if and when they exercise these warrants? What dollar amount are we talking about?

As per latest financial statements:

Although Treasury owns our senior preferred stock and a warrant to purchase 79.9% of our common stock and has made a commitment under a senior preferred stock purchase agreement to provide us with funds to maintain a positive net worth under specified conditions, the U.S. government does not guarantee our securities or other obligations.