Replies to post #656501 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Agreed. Slow Recap would be a disaster waiting to happen. President Biden definitely won't want a GSE bailout during his 1st term.

Fast recap is really the only way. Existing Commons just have to deal with the beatings that will ensue as a result of the massive capital raise.

That's why investing at the appropriate level in the capital structure is so important to understand.