Replies to post #657641 on Fannie Mae-No Politics (FNMA)

[Potty]

We will see, I don't see any meaningful action so no amendment -- to act meaningfully they need to settle with shareholders or give them what they want, but they would not have gone to SCOTUS if they planned to do that

Calabria and FHFA clearly want action and have been feeding the press stories -- BUT Mnuchin has said he is not acting... so...

We wait on SCOTUS imho, but as you say we have 14 days to wait to find out.


BTW The reports of Mark Zandi as a possible new FHFA director under Biden should scare the crap out of anyone invested...

[MLAT24]

Is DOJ approval still required for as Holden has described, a “PSPA lite”? I guess, but realistically just do a letter agreement and call it a day for a fraction of the energy exerted. I tend to think the PSPA coming is more involved and the DOJ made some amends and hence the delays. Plus holidays, short turnaround, etc. Realistically, Jan 20th is the only date that matters. Of course I could be wrong but process wise this doesn’t compute to me.