Replies to post #622044 on Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

Commons - well, they better not do it before SCOTUS rules. That would be a hard walk back if SCOTUS blows up everything.

[Job29]

This is why I believe a SPAC will be part of the “new” Fannie and Freddie. If the current shares are decreed “worthless”, it makes it easy for a SPAC to separately raise money and then “acquire” the Twins. Then, the SPAC(s) become the new Ticker symbol.

[Louie_Louie]

I hear prefferred's are going to maybe get 30-40% max of par in settlement. Period
So government will issue new lower interest ones.