Replies to post #219918 on Fannie Mae-No Politics (FNMA)

[Charlie1988]

If more people cared then it would've been free a long time ago. But I hear you

[Always wondering]

Thanks Zargis, terrific post. I hope this works out for all of us so some wrongs can be righted my friend.

A lot of people just don't pay attention to what's going on. They get used to getting screwed a little more, then more and more again. Before you know it, it is your new normal and doesn't seem so bad.

That's not us tho! Here in FNMA land we see

good times ahead :-)

[jeddiemack]

Zarg...

I too hope it works out.

My hope is for Fair Value. I peg Fair Value for Fannie and Freddie at North of $125.

If we get 1/2 of that ... I'd be really happy.

If we get 1/4 of that ... I'd be pleased.


Many people who think they know me, would believe falsely that' I've had it easy. But, its not the case.

I've hedged my self on these two. If it works big then its great. If it goes to Zero; I'll be bummed but still in the game.

Some people have bantered around a price of $325. I don't see that happening. Others, as much as $250. That would be fab... but may not be in the works right off. It may happen, but it'll take 10 years.