Cheer up Mike. The state of affairs has changed greatly for FNMA and the GSE's. We've gone from the wind down and receivership to retaining earnings and a future release.
President Trump put out the memo. These things take time... The courts take time.
You are not wrong in that. I think it’s SO criminal what’s been going on - that even the most level headed investors just find it so hard to believe that this crap is still going on. Unfortunately for many of us it just takes a whiff of optimism to keep us in the long game.