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FOFreddie

11/08/21 11:50 AM

#700870 RE: Bostonsesco #700865

You are definitely correct in your skepticism. I have been so wrong for sooooo long. My point is that the nomination of a new FHFA Director is very important for GSE reform and will have a material outcome for all GSE stakeholders including any path toward the exit of Conservatorship. The nomination itself will start the balls rolling and a Consent Decree is probably our best hope for a near term resolution. Again - I have been a great fool for a long time believing in a fair and reasonable outcome that respects the sanctity of US capital markets and the rights and expectations of shareholders.