Friday, September 27, 2019 9:28:20 AM
it's a good compromise
"I do believe the LOA will come out Friday or Monday, but don't make the assumption that it's no sweep or not. The LOA could easily state that starting Oct 1st the government will allow GSE's to retain capital. This would mean the dollars for this quarter would be swept and anything going forward would be retained. This is not great, but definitely provide positive direction."
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