Replies to post #569658 on Fannie Mae (FNMA)

[trunkmonk]

That modification was unilateral and unconstitutional. Stay tuned.

[ReadyToRumble]

I feel that "modified" is a tactic used to pacify the Dems. The fact that they were even able to modify speaks volumes considering how many years have gone by without them being able to do so. As far as pps, the release, the uplist, and the Big Rewards are concerned... only the patient folks will get paid. The impatient will be left kicking themselves in the head... much like the fools that didn't wait on Tesla in the beginning.

[Pecker9Wood]

Me thinks it was a quick fix the satisfy to get it started. Why have warrants if no one buys. Crazy thinking. Why buy with the government owning warrants of almost 80%. Does the government with all the risky business that isn't the twins would they not think having a healthy SP wouldn't reduce risk.

[Stockman1010101]

NWS is DEAD, LONG LIVE FANNIE AND FREDDIE. IF THE GSEs WILL PRODUCE MORE THAN $45 BILLION PER YEAR IN PURE PROFITS THAN THE GOVERNMENT DESERVES THE RESIDUAL CHANGE LEFT ON THE TABLE. BUT SOMEHOW MATHEMATICALLY I DON'T THINK WE HAVE TO WORRY THAT THE GOVERNMENT WILL RIP US OFF GOING FORWARD.
GLTA