Replies to post #811052 on Fannie Mae-No Politics (FNMA)

[blownaccount9]

I’d be over the moon if they allow the GSEs to buy back 25-50% of the warrants for the weighted average price of the companies for 2024.

Alternate possibility I would be happy with is raising the “strike” price to $5 so the first $5 of each share collected goes back to the companies. Gives enough to get each over their respective caps and then some. Likely enough to instantly turn dividends back on.

[Donotunderstand]

yes
there has to be a trade

the GOV has the power to BOTH convert the SP to common and destroy us and then GET rich on the warrants post a major massive RS

greedy will get us nothing

[kthomp19]

There is zero chance the govt gets a conscience and walks away from both SPS and warrants… I’d be thrilled… but aint happening.

Trump's letter to Rand Paul spelled it out too. Treasury can't make a huge profit from selling its common shares unless it owns a ton of common shares. They can't own a ton of common shares unless they exercise the warrants and/or convert the senior prefs.