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Wise Man

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Wise Man

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Thursday, 02/13/2020 10:04:37 AM

Thursday, February 13, 2020 10:04:37 AM

Post# of 794599
FnF explain the impact of the accounting CECL standard or lifetime credit losses accounting. Freddie Mac says that it expects $0.2 billion and Fannie Mae, $1.1 billion credit losses in the future, discounted today. This is peanuts. The Capital ratios will be tiny.
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