Replies to post #744373 on Fannie Mae-No Politics (FNMA)

[FOFreddie]

Thanks Familymang - I have heard that before but all I see is in the Prayer for relief is a conversion of the existing Senior preference but it is not clear if it just means the initial $ 1 billion or the liquidation preference before the 3rd Amendment. If you look at Paragraphs 116,122,136,144,151 and Prayer for the relief you will see over and over that the Plaintiffs are seeking that the NWS and the UST liquidation preference be set aside.

Here is the link for the Collins Complaint before Judge Ellison:

https://www.glenbradford.com/2022/06/fnma-fanniegate-1144/

[Fannie Heyyyyy]

What does all this mean in plain speak mang?

[FOFreddie]

Is there a link for the 95% consolidation threshold?

[basesloaded]

There is an important distinction between AIG and the GSEs. AIG was relatively temporary. There is no 95% consolation rule. It is still 80%.