Fannie Mae-No Politics (FNMA)

[Donotunderstand]

xxx .... that could replace Fannie and Freddie is the story line

inside the story

The new joint securitization company, CSS, will have its own chief executive officer and chairman, and will be funded by Fannie Mae and Freddie Mac. It will create a single standard for issuing securities that could survive independently if Fannie and Freddie no longer exist.


Funded by FNMA and FREDDIE


Says in one form or another FNMA and FREDDIE survive and thrive

all IMO

but values should be based on owning 20% of a combined new company that is huge (say one third of market) shared pro rata with holders of 20% of Freddie (80% of company will be sold to new investors by FED GOV using its warrant)

20% of a combined new Fannie and Freddie - with Trillions of dollars of mortgages on the books - experienced staff - and the inside track on the software

again - IMO FED GOV will take 80% of new company - but 20% of a share worth say 50-60 bucks - is not chopped liver its 10 bucks

all IMO