Fannie Mae-No Politics (FNMA)

[Steel Penny]

Sogo, between Obiter and yourself, great clearing up of what might be looked at. It seems to me that this would almost make what would remain of FNF look and act like either a Royalty Trust or a Closed End Fund. I'm not sure which would be the best example or the best for commons - maybe the commons would get the shaft either way, because as the legacy assets decreased the payout would reduce.

Anyone have any thoughts.

GLTA
Jim