Replies to post #529096 on Fannie Mae-No Politics (FNMA)

[Fully Diluted]

$120 billion back to GSEs and $200 billion SPSPA balance remaining seems most fair. Common would be obliterated.

Obliterated to PPS $12.

[trunkmonk]

U better hope not, the Ps will never get close to par. They may even get cancelled or bought for pennies on a dollar.

[bcde]

"Well, for starters, the SPSPA is an equity investment not debt. There is no payback mechanism. "

RuudG,

Can you post the legal reference for this often repeated BS statement initially started by Jack the sheet and then by the fake news promoters?

Under original SPSPA the liquidation preference value changes based on draws and repayments. If third amendment is revered retroactively then the original SPSPA applies.

[reyprimero]

2911 post being wrong all the time hurts,FnF stocks will fly before ayes of all "fellow travelers".GO FnF