Replies to post #625403 on Fannie Mae-No Politics (FNMA)

[YanksGhost]

The IPO market has become increasingly skittish and skeptical. ROCKET's IPO got cut from 150 M shares to 100 M shares, with the price target cut from $22 to $18 because so many previous IPOs in 2020 failed or flailed.

I posted earlier last week that I sense FHFA and/or the GSEs are facing bleak prospects for a onetime, major shot of IPO shares to solve their capital deficit in this uncertain market.

[Louie_Louie]

That's a good question, And also why government needs to be very small presence if released or consent decree. There is no stomach for government involvement in the workings of private truly capitalistic "free" corporations. Those with strong enough stomachs are already here and invested. Which is also why government better keep an eye to fairness.