Can you imagine how painful it will be for shortsellers on this date?
So...when did the Fed stop sweeping 100% of FNMA's quarterly profits into the Treasury? --Ex
If people know when it stops, the price is not at 0.80 level, my friend
Not when they buy in 2 weeks before 5/9 and that date will probably be pushed back like every other time.
Actually, FMCC will release Earning 1 week ahead to FNMA, 5/2.
By that time, if FMCC announce the change of bailout agreement, so we don't need to wait until 5/9