Fannie Mae-No Politics (FNMA)

[Chief Slapaho]

I talked with Harry Reid's Vegas office this aft to inquire about his support for Watt and what this would mean for FnF. Reid's associate told me that FnF are cornerstones of the industry and in his opinion they are going nowhere. I asked him to please have Reid's D.C. office respond to me officially that this is his stance as well, and what his support for Watt's nomination means for FnF both short term and long term. He confirmed that I will receive an official response via email addressing my concerns. When I receive it, I will of course share with the board.