Replies to post #153163 on Fannie Mae-No Politics (FNMA)

[getarealjob]

so if re-publicized (privatized? crazy world we're in here) would fnma and fmcc commons be canceled under the proposed plan?

[obiterdictum]

1. If Berkowitz's proposal is accepted and there is a run-off of the legacy assets such as mortgages and MBS, etc., and revenues gradually decrease as these items are sold, wound down and discontinued, what is left to form a REIT, especially if the Congress, US Treasury and FHFA follow the path to liquidation and repeal of the federal charters of the GSEs?

2. Do you envision that Ackman would plead, negotiate or litigate with the Congress, US Treasury and FHFA to vacate the the third amendment (f not vacated before or at acceptance of the offer), and allow a REIT to be formed instead of a run-off and final liquidation?