Fannie Mae-No Politics (FNMA)

[Sogo]

To keep on topic, try to imagine what's next here, given our shared analysis of the past for FNMA etc. I'm long FNMA but think of it this way. Many here know that what the gvt did with / to FNMA in 2008 was unprecedented in some ways. And we take some solace in the info inside the recent shareholder lawsuit, the strong, historical and constitutional arguments it makes, and signs that discussion of ending c-ship is starting to circulate. But we've already had the gvt do one unprecedented thing with FNMA when it was probably not even necessary (as some say). Why would we think another unprecedented gvt action on FNMA is impossible from here on out? This is a different administration, too, one which is probably less concerned with the legal precedents outlined in the lawsuit than we would like it to be. I just hope it ends up being somehow political expedient for them to release FNMA from c-ship, despite the likely but unspoken preference of this administration to keep FNMA trapped and fully absorb its functions and assets into the ever growing Federal behemoth gvt.