Fannie Mae-No Politics (FNMA)

[davidam]

keeping in mind no one expected fnma to turn profitable again or pay treasury back. The amounts of their revenue/profits along with their strong forward guidance is a game changer. Everything enacted on fnma so far was done so not expecting these events to ever happen. Key imo is to continue to be profitable and pay off the government. If that takes place as it appears it will shareholders will win back their equity. Which is many multiples from the current levels