Fannie Mae Preferred S (FNMAS)

[rosen62]

I suspect final numbers could be tight. They may work the numbers so as to avoid a shareholder field day. At first glance there seems to be some discretionary figures sitting above us. How much they may move the needle for or against us we do not know. But, the door is open for Congress to throw us a bone.

I haven't read the details of her discussion draft. Does she say what the composition of the 50b is? Is there a door open for the Jr. payout to be credited as funds transferred to the NewCo a-la-Berkowitz?

In a pr/article, she also said that after Treasury is paid all remaining payouts will follow the law -or something like it-. I believe HERA 08 has a subsection for payouts and there is one paragraph that allows for "court ordered payouts" as in paying claims.

Well... I guess I should read the draft before writing.