Friday, December 18, 2020 9:21:37 AM
This was explained many times in this board. JPS is not counted as capital. Commons are counted as capital. Converting the JPS to Commons will increase the capital by about $32B. With annual earning of about $20B, the conversion will speed up the capital building by about 1.6 years.
Recent FNMA News
- Fannie Mae Releases February 2026 Monthly Summary • PR Newswire (US) • 03/26/2026 08:05:00 PM
- Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 03/02/2026 02:00:00 PM
- Fannie Mae Releases January 2026 Monthly Summary • PR Newswire (US) • 02/26/2026 09:05:00 PM
- Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 02/23/2026 02:00:00 PM
