Replies to post #751677 on Fannie Mae-No Politics (FNMA)

[FOFreddie]

Yes - we wait for Collins. Big win for Common if the SPS is set aside and SCOTUS does not overturn. We also wait for the Cert decision on Rop.

As long as litigation is outstanding there will be grounds for the compromise of the SPS Liquidation pref. A new DJT admin will compromise the SPS Liquidation pref based on the Rand Paul Letter.

[Louie_Louie]

Buy out and full nationalization is an option, to create a utility or to re-ipo.
It is among a handful or more options the government has in this. They are not cornered by jps as some here believe. Those who think the government will windfall those hedge funds a cash ticker tape parade fail to recognize the animosity towards that by most of congress. If anything has been taught on this, it's that government has not been consistent through many bail outs (AIG, GM, Chrysler, Savings and loan), including this last bank one which you would also need to include FTX, and also government is neither consistent at creating and interpretations of law. The social experiment is a failed work in process!

At some point the majority in government will recognize the experiment as a failure and will see the need to follow constitution & laws and do the right thing to hasten further erosion of investor faith in markets, and more importantly, the countries severely lacking faith in government.