Fannie Mae-No Politics (FNMA)

[Daxxer]

Dangit! But thanks for the DD.

Yes. Treasury can exercise its warrant for up to 79.9% of the common stock of each GSE on a fully diluted basis at any time during the 20-year life of the warrant.

http://www.fhfa.gov/webfiles/23897/FAQsHP-1131Treasury.pdf