Replies to post #557764 on Fannie Mae-No Politics (FNMA)

[Stern is Bald]

This was always the play I think... I think all the activity now is just getting the players ready to include the market.....

[stockprofitter]

YUUUUUUUGE!!!!!!!!

[navycmdr]

“We expect a deal prior to Sept. 30 in which Fannie and Freddie

will stop paying a quarterly dividend to Treasury,” Jaret Seiberg,


Cowen’s managing director, wrote in the note.

“Instead, they will pay a commitment fee for the outstanding preferred

capital line.

This means they can retain the rest of their profits in order to rebuild capital.”

[VMB-1]

~NICEEEEE NWS is OVER By 9/30/19!!!!!

[ReadyToRumble]

"..., but in return for that make sure that the taxpayers are compensated for the ongoing Treasury support,” Mnuchin told the Senate...

I believe he said that as a show that he's looking at this responsibly... knowing that a court action will eventually determine that the taxpayer has already been compensated to the tune of over $110B.

And Brown was just showboating. What a tool.