Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Looks like 2Q20 earnings for Fannie Mae coming out Thursday morning, before the bell, I am guessing $1/2B Net Income, with a huge increase in Net Interest Income because the 30yr frm has gone from 3.50% on 3/31/20 to 3.01% today, and this will rocket Net Amortization Income, but Fair Value Losses should increase substatially as they write down the value of derivatives. I bet loan loss provisions come in between $3-$5B.