Replies to post #792365 on Fannie Mae-No Politics (FNMA)

[real777mellon]

Don't worry about it. Debt has value too you know. It's just a rough # for dummies like me that don't feel like going over the entire balance sheet to say - "if you bought the company entirely, that's about the value it would sell for"... End of Response. Seriously just buy $FNMA as anything in single digits is a bargain. The most important thing to know about Fannie Mae is why it's the most important piece of America's financing machine and the big banks favorite cheat code for lending at velocities they've been waiting for since 2007 when homebuilders stopped building new homes. If you see the XHB and you do some ground work looking for 2024 new construction hell do it from Zillow or for me, I can do it in places that ain't been built since 2007 and now they're putting homes up since the coldest part of Chicago's suburban winter. Anyway good luck to you.

[MoneyRobot]

The debts that fnf hold are what I would consider good debts. The only "bad" instruments that fnf hold that harms the original shareholders are the warrants and sps. The worst contract is increase RE and increase SPS.

But those are not debt. Like it or not, uncle sam is a shareholder.

[real777mellon]

People love to buy debt. I do it all the time.

Debt ownership makes me $$$