Replies to post #700804 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

the more I think of it

WTS and say 75-100B cash -- can be the biggest inducement to come some arrangement

to use WTS to MAX - Treasury would need to kill LP and agree that this is the total of shares - no SPO to raise capital - rather wait for earnings to get there

[JOoa0ky]

I do hope you're right about having a good thanksgiving.

there is no alternative,

but yes, mnuchin/calabria put them on retained earnings until fannie and freddie recapitalize themselves...

and biden is not getting money out of them anymore, unless he restructure's their balance sheets and exits

the government can do whatever it wants, putting a dagger through the heart of the housing industry doesn't serve biden interests. so this is recap and release.

you know, cheers.