Fannie Mae-No Politics (FNMA)

[KylieM]

Someone from the FNMAS board told me that after C-ship, FnF need to have a certain level of cash reserved. Something like at least 5-10% of what they are worth. He claimed that FNMA is worth around US$350billion and after all the debt being repaid to the government,there will be closed to nil cash reserved. And he mentioned there would be two ways to do it-

1. exercising warrants;
2. IPO the 79,9% shares (sps).

Either way we common shareholders will "lose" large chunk of our investment.

I'm thinking - is it possible to do it via debt financing i.e. get loans from the ibanks?

Or can they privatize the GSEs, I mean to delist them?