Replies to post #84818 on Fannie Mae-No Politics (FNMA)

[mrfence]

Everything old is new again now that FnF are profitable, and supporting the housing recovery along with the economy while the government is threatening to dishonor the 20% backstop that shields the governments books from liability by holding Senior preferreds.

How FnF, and shareholders got here counts in large amounts moving forward.

So far the FnF shareholder suit against the US Treasury does not challenge the eminent domain criterion that rationalized the seizure. However, this evidence makes the case for such a challenge upon dismissal of the current shareholder suit for any reason.