Friday, December 18, 2020 9:31:34 AM
Converting the JPS to Commons will increase the capital by about $32B
By "increase the capital," I assume you mean they take some of the cash they have in the bank and reallocate it from Tier 1 to CET 1. So it does not actually increase their cash, but simply changes the way they designate it. So for FNMA, they go from $21.4B in CET1 to roughly $40B in CET1, correct?
Recent FNMA News
- Fannie Mae Announces Credit Score Model Updates to Advance Credit Score Modernization • PR Newswire (US) • 04/22/2026 05:02:00 PM
- 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
