Fannie Mae-No Politics (FNMA)

[Wise Man]

***#Fanniegate CONTEST IN 3 MESSAGE BOARDS*** Big day tomorrow!. "Adjust it-Day". Let's see who is the first one that comes up with a clean EPS after adjusting it.
These are the main line items on the Income Statements to adjust:
-Derivative Gains/Losses: the amount will be very small. The interest rates barely moved in the quarter.
-Provision for Loan Losses: it will be considered a one-off.
-Dividend on the SPS: currently is a dividend in kind and it can't appear on the Income Statement as it isn't an expense for the shareholders.
-Actual number of common stocks
-The TCCA fees will be cancelled by law in 2022, but they are illegal in the Charter's Fee Limitation, so they will be refunded in full.

Feel free to also adjust it with the CRT expenses, as the odds are that they will be deemed null and void by the FSOC, currently reviewing them.

The clean EPS will be annualized and multiplied by 13 so that the outcome is a stock valuation at PER 13 times.

The award is a public acknowledgment of excellence.