Replies to post #352599 on Fannie Mae-No Politics (FNMA)

[big-yank]

I think you may well see your $1.50 price, but I do not think it will be so early as Friday. FNMAS and FNMA are cycling down, pretty much in tandem. I expect to see a $3 s/p on FNMAS, soon, also.

News from the courts will be required to enact meaningful change. I suspect that will be on or around October 1st from the DC Court of Appeals ruling on Perry.