Replies to post #838487 on Fannie Mae-No Politics (FNMA)

[MRJ25]

Today's news is the best we have had in 17 years.
A deal is in the making!

[juicyjuice10002]

In my opinion the FNMA and FMCC shareholders will be issued new shares with lock up period to prevent the collapse of new IPO which possibly will be set at $30.00 but may open at $40.00 The Government must return the excess funds received due to illegal NWS and be allowed to hold only 51% not 80%. The congress is out and deal will be out before the congress comes back.

[EmpressRealm45]

Based on this the projected market cap is $500billion - ~31 times the current price. We can expect near $300 share price..? No additional capital - just the government selling its stake. A new Wall Street Journal reporthttps://www.wsj.com/finance/regulation/trump-aiming-to-ipo-fannie-mae-and-freddie-mac-later-this-year-13b138cfsays the Trump administration is preparing to sell a portion of the stakes held in the two mortgage giants.The report stated that the government could sell 5% to 15% of its stock in the companies and raise approximately $30 billion. The two companies are valued at around $500 billion in the latest report.