Replies to post #370862 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

There is a congressional ban on selling the SR Preferred which some might argue also means a congressional ban on declaring them worth zero --- paid off

not arguing that is good but that is my recollection

For sure an administration can stop the NWS and enter a fourth amendment calling for NON cash dividends

[tcj]

You're making my point that Treasury, i.e. Mnuchin/Trump will dictate what happens.

The plan is to get FnF out of gov control and "get it done relatively quickly" meaning settle with the major players and release.

[rocco2]

"For an hypothetical example, the President of the US through the Secretary of Treasury can amend or cancel the Treasury's stated conditions"

So why does Obamma and lew continue with the stone wall defense, why not settle now. The incoming administration has telegraphed their intentions. Apparently their are some questionable decisions made regarding the PSPA that could be mud raked by the incoming administration in Sweeneys court??

$$FNMA