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kthomp19

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kthomp19

Re: HoldenWalker99 post# 479654

Thursday, 11/01/2018 12:55:37 PM

Thursday, November 01, 2018 12:55:37 PM

Post# of 797019

Lower earnings



Exactly. Phillips just recently said that Treasury wants FnF to have a smaller footprint and wants more competitors in the market. Even if they can't accomplish the second administratively, a new FHFA director (who will basically be chosen by Treasury) can certainly accomplish the first.

Using current earnings to predict post-release share prices is folly.
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