Replies to post #782631 on Fannie Mae-No Politics (FNMA)

[Rodney5]

The suggestion to merge both companies together selling them in the open market in an IPO that’s all fine and good if the Treasury pays the Shareholders fair market value for the Common and Preferred equity ownership; Anything less is stealing.

Mr. Bryndon Fisher gave us the calculation of the pay down of the liquidation preference no need of a third-party RE-IPO.

The companies are fully capitalized by the payment of the liquidation preference the Senior Preferred Stock should be canceled.

THE TREASURY HAS COLLECTED ENOUGH.

NOW WE HAVE 8-0 JURY verdict.

Link to the calculation.

https://drive.google.com/file/d/15978NWfDcTtuClMBnwgWFmoPnwK94vWn/view

IN ADDITION TO THE ABOVE CALCULATED VALUE PAY THE SHAREHOLDERS FOR THE EARNINGS POWER OF THE BUSINESSES:

The Value calculation should start with the number $436.1 billion. This is the Intrinsic Value of both companies businesses including the JPS, the estimated value of Fannie and Freddie.

$402.9 billion earnings power plus $33.2 billion JPS = $436.1 billion.

Fannie Mae
EARNINGS POWER OF THE BUSINESS
$263 Billion Intrinsic Value

Freddie Mac
EARNINGS POWER OF THE BUSINESS
$139.9 Billion Intrinsic Value

Fannie Mae JPS $19.1 billion par value
Freddie Mac JPS $14.1 billion par value

The amount of $402.9 billion is the calculated Intrinsic Value of the Earnings Power of both businesses combined using a Price to Earnings Ratio of 14.