Fannie Mae-No Politics (FNMA)

[capitalismforever]

Deferred Tax Asset impairments can be carried forward like an operating loss, but that's the only similarity they share. DTA's can change, and often do on an annual basis. A NOL involves expenses being greater than revenue. DTA's are an entirely different matter. Also, NOL's can change as well. But they're not influenced by tax rate fluctuations in the sense that DTA's are.