I found this TH comment interesting: "The motions for summary judgment and trials in the remaining court cases may (and I hope will) give prominence to facts relating to Fannie and Freddie that change the views of top economic officials in the Biden administration as to how best to eliminate the Treasury senior preferred, and whether to make the recapitalization of the companies more feasible by replacing the Calabria capital standard with one more reflective of the actual risks of the companies’ business. These in my view are the most important of the five factors listed above in determining the future value of Fannie and Freddie’s existing common and junior preferred stock."