Replies to post #688606 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

GREAT

1. Do we really need SPO post the WT to share transaction - if the capital required is adjusted to reflect the smaller business and likely safer business ---- how much capital for JUST FNMA alone is missing if we keep the MC levels and then say at 75% of those levels ?

2. Do we need to use State Charters for the core GSE? It leaves me to wonder if deemed it needs to be a utility - regulated - how that work with 50 separate regulators ---- Can it not say a Federal on National Inc?

3. Assume for now ---- for just an answer to this question --- if there are "only" 5B shares (ours plus the shares w the public from offering based on warrants) ---- what do you see as the PPS at your assumed PE and assumed earnings

Thanks

[Clark6290]

This article provides the truth. "On the most important issue—the legality of the net worth sweep under the Administrative Procedures Act, or APA—plaintiffs lost outright. In an opinion authored by Justice Alito, the Court ruled that, “The ‘anti-injunction clause’ of the Recovery Act provides that…’no court may take action to restrain or affect the exercise of powers or functions of the Agency as conservator or a receiver,” and that, “Where, as here, the FHFA’s challenged actions did not exceed its ‘powers or functions’ ‘as a conservator,’ relief is prohibited.”

Fully explained by SCOTUS.

[bcde]

Guido2, Thanks for posting.

All Judges should read this opinion by Sr. Judge Loren A. Smith.

https://pbs.twimg.com/media/E59dYufUUAAGUqC?format=jpg&name=large