Replies to post #584054 on Fannie Mae-No Politics (FNMA)

[Letgoofmyfannie]

Oh come on, Yank, you know whom you're reckoning with around here; in these fact resistant times, this is one of Fanniezeit Fredgeist's most prominent echo chambers

[955]

You're right. Got too caught up in the urgency to raise capital aspect of their letter. Good catch.

I am astounded to hear support for the Community Lenders position. Fisrt they say the SPS should be retired because all of the payments under the SPSPA made in senior dividends exceed the contractual 10% as stipulated. Then they go on to obsrerve that the 79.9% warrants are valid ans proper.

This view is certainly not favorable for common shareholders holding on for some, eventual payday.

[Donotunderstand]

why not ?

if the overall view is SPS is paid off

capital to be raised via holding on to profits

even a 4:1 dilution leaves us 12-15

[FNM500K]

Community Lenders...Ahh yes. The same folks who helped contribute to the meltdown of the housing market just over a decade ago. I can only imagine that Mnuchin and the folks at UST are shaking in their boots after reading their letter.

Please!

$$FNMA$$

[Lite]

It’s ironic that Congress deliberately held back from releasing the GSEs (by fixing) so that no one could reap a profit, not caring about a ‘takings’ issue..

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This view is certainly not favorable for common shareholders holding on for some, eventual payday.

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