Breaking Down The Fannie Mae, Freddie Mac Lawsuits

While most of the recent focus on Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) reform has focused on the Crapo-Johnson plan that was recently announced and could ultimately replace Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) with a new Federal agency, for the GSEs private shareholders the big question is still what will happen to the value of their stocks. Since Congress has essentially opted out of this fight, the legality of Treasury’s policy of…