Replies to post #440076 on Fannie Mae (FNMA)

[Clutch29]

Still not our day. Sad common owner rite now:-(

[Donotunderstand]

he is not wrong?

we can have a friendly difference

I think the creation of FNMA as a GOV agency was GREAT

[Donotunderstand]

So it appears

Some version of Moelis - yes Corker-Warner Moelis is the starting point

So it appears from reporting so far --- albeit by VERY limited sources

[TheDon3]

What incentive would Corker have to preserve the GSEs, much less help the preferred? He's retiring as well and not up for reelection lol. This is the same guy who said he wouldn't help hedge funds and his animosity to them was one of the reasons he wouldn't be in favor of recap and release.

There's no bill. Nothing's under discussion. Congress leaves in less than two weeks. I call BS.

Plus you're talking about a March deadline at most.

Preferred shares are also non cumulative meaning GSEs can pay out dividends when they choose too.
Preferred stock most of it is not transferable either.

Choose wisely.

[kthomp19]

Corker-Warner/Moelis is the plan.

This doesn't make any sense. The Moelis plan was drafted as a purely administrative reform. We don't have nearly enough information about Corker-Warner II to make any comparisons yet.