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FNMFO - The Final Countdown To Inauguration For PSPA Amendment
Fed Nat Mtg Assn Pfd
Fannie and Freddie have been in conservatorship 4,500+ days now, since September 7, 2008.
Actual effort was never really put into ending the conservatorships until March 27, 2019 when the White House issued a Memorandum with the top priority of ending the conservatorships.
A close analysis of publicly available plan documents reveals the most likely path forward leading to the recapitalization of Fannie and Freddie beginning with an equity restructuring.