Replies to post #660967 on Fannie Mae-No Politics (FNMA)

[dcpi212]

You are correct. So the issue becomes how to get the Biden people and Congress to see it is in their best interest to unencumber the GSEs. The only other hope is the the Supremes remand to Collins to determine whether the senior preferred’s are paid. The court path will take years more.

Frankly, I am surprised the stocks are not down more considering the Mnuchin move.

[stockprofitter]

Wrong big time. Govt clearly said they will not release until court cases resolved. Clearly that means THEY WANT TO SETTLE and they have 120 days to do it.

Remember Thompson saying he had the government cornered?

Well he does.

[HappyAlways]

People are greedy, especially the TBTF. They know that the GSEs are big treasure. They will work something out to have some shares. They can influence the USG. Time will tell.