Replies to post #715761 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

You know 100% is absolutely impossible.

Capital raise is certain and with that, it will be anything but 100%

Not even talking about warrants or seniors here.

I know where the 20.1% number comes from

BUT......

I hold onto 100%.

That might just be me.

I don't think I'm alone on that thought, but it's okay if I am.

The warrants haven't been used and nothing has converted. So 100% for me it is.

Fact is I have 100%. My opinion is that it stays that way or closer to it than 0%.

[Guido2]

You are not alone. Within 15 days of Treasury acknowledging that the "bailout" was paid back, Fannie & Freddie can buy back the warrants at the average closing price of the prior 20 trading days.

https://home.treasury.gov/news/press-releases/200962612255225533


Click on attached link. Go to bottom of page for warrant agreements.

https://www.fhfa.gov/Conservatorship/Pages/Senior-Preferred-Stock-Purchase-Agreements.aspx