Fannie Mae-No Politics (FNMA)

[TRCPA]

Here are the pertinent takeaways from the ACG Analytics twitter page. I updated my reaction with the post below.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=151267905


https://twitter.com/ACGAnalytics?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor


ACG Analytics Retweeted FHFA

Takeaways:

1. Interim letter agreement w/ @USTreasury to end NWS by end of month before a permanent agreement to end #conservatorship.

2. Retain earnings 6-12 months before equity offering as early as Q4 2020.

3. Modest footprint reductions focused on safety & soundness.





Sep 12

HoldenWalker99 Retweeted Katy O'Donnell

I think I figured this out; potentially HUGE. Consent agreement would allow GSEs to exit conservatorship & overcome IPO/uplisting challenges while under FHFA conservatorship. Agreement ends when they raise enough capital via IPO/retained earnings. $FNMA $FMCC


HoldenWalker99 added,


Katy O'Donnell @KatyODonnell_


Calabria talked next steps in an all-staff mtg today -- raising capital buffer in a limited way and having GSEs operate under a consent agreement at point where they have enough $ to leave conservatorship but not enough to fully comply w/ new capital rules
https://subscriber.politicopro.com/financial-services/whiteboard/2019/09/calabria-details-next-steps-on-fannie-freddie-in-internal-staff-meeting-3832206