Replies to post #666442 on Fannie Mae-No Politics (FNMA)

[PennMilitia]

Restructure what a loan that’s already been Paid

How do you restructure a loan that’s already been paid in
full ?

Calabria should spend some time reading his CATO papers
concerning Free Enterprise and Law & Order.

[Stockman1010101]

This is all Legal Lawyer BS, saying they can take and hold on to our money as long as they want with this phony status front called Conservatorship.

[Stern is Bald]

ah bless your heart Glen... You still on here claiming to know how this will unfold? Maybe after the 10-thousandth guess you'll get it right..

[nagoya1]

I agree about the committed, like the JOKER committed to Arham asylum.
Enjoy the giggles with your FNMA pref fantasy entertainment.
FNMA

[RumplePigSkin]

Bradford - restructure the Treasury's agreement with the GSEs, it doesn't say restructure to give the JPS investors a windfall ... yadda yadda yadda ...

What it is saying is Treasury and the GSEs will figure out a way for the Senior Preferred Shares to be restructured, not the Junior.

That is a pretty ginormous leap of faith from an investment standpoint to think that snippet points to a windfall restructuring for the Junior Preferred Shares where the person who issued those shares, former CFO of the GSEs Tim Howard, called the JPS shares a "quagmire."

Words matter ... or at least that's what I'm told ...

[RumplePigSkin]

Bradford - restructure the Treasury's agreement with the GSEs, it doesn't say restructure to give the JPS investors a windfall ... yadda yadda yadda ...

What it is saying is Treasury and the GSEs will figure out a way for the Senior Preferred Shares to be restructured, not the Junior.

That is a pretty ginormous leap of faith from an investment standpoint to think that snippet points to a windfall restructuring for the Junior Preferred Shares where the person who issued those shares, former CFO of the GSEs Tim Howard, called the JPS shares a "quagmire."

Words matter ... or at least that's what I'm told ...

Corrected the above from prior post

[mrfence]

That's not evidence that anything will happen any certain way. It's merely more Gooberment Quagmired gobeldy gook .