Replies to post #406758 on Fannie Mae-No Politics (FNMA)

[capitalismforever]

how do you suppose this will make a difference with current events? Much of this is changing everyday now including the recent bill that has been voted on and talks of CFPB, FHFA being illegally structured.

Nothing has changed the potentiality of various outcomes. There is no proposal/solution/idea that has gained greater support than any other proposal/solution/idea thus far. Sure, us shareholders support certain things more than others but our influence is weak, with the exception of current ongoing litigations that haven't produced much traction.

The recent bill (1694), although helpful, is not something I'd consider a milestone. You can't assume FHFA is illegally structured until it's been proven in court that it is. Until the ruling comes down, it's all a guess. What's not a guess is the fact that legislation exists that will wipe out the shareholder if receivership occurs. That's an undeniable truth backed by law. The rest is all a guess.

So, the acid test becomes:

Can the companies be released in a form that shareholders could be excluded from? Yes. Then, you have to consolidate that fact with your personal thesis. If you dismiss it, you aren't conducting well thought out due diligence.