ano - I generally agree with you 100%. The agreement between FHFA and Treasury has stated the price Treasury would have to pay to exercise the warrants. This should be the same price Fannie and Freddie should pay to buy them back. TBTF banks were allowed to buy back their warrants. Why not FnF? Both have the funds to buy back the warrants. If they don't, I'll lend it to them at 0% interest.
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