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...