Replies to post #376910 on Fannie Mae-No Politics (FNMA)

[Patswil]

Trump & Mnuchin should reverse the Conservatorship with the SAME aggressive style that was employed entering C-Ship

[Jreinhold]

People have said Mnuchin wanted to get into politics to make things better for Americans and change things for the positive.

Mnuchin, while apparently using harsh foreclosure tactics on loans that were probably (not confirmed) delinquent months before being foreclosed also did several loan modification for 100k+ loans that he didn't HAVE to do.

I think honestly he is the man that will restore us, and make sure we're made whole in the best way.

Cliff Rossi did a conference with Investors Unite that basically said if the treasury got out of FnF, meaning cancelling senior preferreds and Warrants and the SPSPA (Cancelling senior preferreds basically). It would help recapitalize them.

If they charged an additional guarantee fee to boost revenues and also issued new junior preferred shares like they did to raise capital in 2008 (maybe 2007) they could essentially recap and release with minimal impact to the economy and shareholders while still benefiting tax payers by the amount of the loan + 10% dividends.

While there is the ability to screw everyone over... I don't think, even though he was a Goldman Sachs member, he will. And hopefully he doesn't. Good luck to all.