Fannie Mae (FNMA)

[nats1]

I attended the conference at George Mason featuring Calabria yesterday and wanted to clarify some of the information that is being reported from the meeting. In terms of a capital raise he did say it could be as early as 2020 (he said he thought in 2020 or 2021). Again, during the conference he stated that there were no strict time lines for anything as he has been saying all along.
Also, one of the questions from the audience noted that the current ROE for the companies may be too low to attract sufficient capital and were they doing anything to raise it. Calabria said yes but that he would not go into specifics.

Hope this helps.