Fannie Mae Preferred S (FNMAS)

[loobeyondbm]

2 Things to Clarify for Rosen62

1. Watt's comment on end of conservatorship talk with Treasury was first reported by Bloomberg reporter on Twitter. It's obviously made during interview with reporters after the hearing.

2. Warner/Watt conversation on income/capital is about private mortgage insurer's rules that GSEs will adopt. Watt just used GSE's situation as an example. It has nothing to do with counting G-Fee as capital for GSEs as some people on Google board claimed.