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Post# of 796246
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Commons_Cancelled

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Commons_Cancelled

Re: Potty post# 639050

Friday, 10/30/2020 3:38:24 PM

Friday, October 30, 2020 3:38:24 PM

Post# of 796246
Exceptional FNMA Facts. The Buffers being built to a level to cover Jr. Preferreds at Par should be telling. Mnuchin is protecting his friend in the event of a Biden win.

As long as Mnuchin writes down the Sr. Preferreds before he leaves office, then Jr. Preferreds are money good since the GSEs have the necessary capital buffers to cover the JPS claims.

Unfortunately, Commons will be sweating for a long time to find out their fate.

Bove:


Congressional Budget Office:

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