Replies to post #285131 on Fannie Mae-No Politics (FNMA)

[dpsimswm]

Warrants will be valid in my opinion until the companies pay more than a 10% accrued dividend amount. (IRR of the Sr Preferred hit 10.01% or more)

Otherwise, the warrants are excessively dilutive, but valid.

I think the government could issue the warrants with a strike to exit their position faster, but I have been called a crack pot for that idea.