Replies to post #3811 on Fannie Mae Preferred S (FNMAS)

[brandemarcus]

As I have said before, the economics drive the politics. When net investment by the tsy in fnf is less than zero, the politics (regulator) changes. Remember treasury owns the warrants. When they do some variant of Millstein. , they will need to relist them.

In any case if
Fnf were paying on jr pfd, do you think the commons of both would be less than 1 just because they were not relisted? If the tsy net investment is 0 and the jr pfds are being paid( 2.5 billion a year) - Do you think Freddie will still be valued at under 3 billion ? I think stock prices reflect present value of expected future returns not whether the politicans (regulators)decide to list them on the exchange or not. I would love to sell all my jr pfds at 40, to buy the common for under a 1!

[cfljmljfl]

Camero. Plenty of stocks trade over $1 that are OTC. That is not saying FnF will trade at $1 and above without being relisted. IMO, if the the profit sweeps go into Net Investment as 4cents states, that is a positive sign FnF have that opportunity to payback taxpayers and the profits can not be used beyond restoring FnF. If allowed to payback is being allowed to be accounted, then you have visible baccounting that says FnF are going survive financially. Then it is reduced down to politcal policy. The companies are then our companies. And, it may be necessary to fight for our right to survive as a going business entity. Do we need government charter to survive? I don"t think so. We will own the the new stream lined mortgage platform technology, the mortgage data banks that belongs to FnF and not us government, and valuable professional experienced staff of employees far exceeding anything in the private sector which says "can do". Yes, the government can take back the charter, but we as shareholders have a right to do business. Can we? Depends on our will to survive.

[stockanalyze]

stroke of a pen to list them. stroke of a pen by tsy to end c-ship. no congress approval required. that is the beauty. and it will happen.