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Tuesday, January 05, 2021 7:29:38 PM
I wouldn't expect the GSEs to be retaining much capital when most of it is going to be sent to the Low-Income Housing Trusts and other Home Affordability programs that will be high on President Biden's list.
I'm curious if this is why the Capital Retention amount that Mnuchin/Calabria allowed is exactly the amount needed to pay off the JPS at Par.
Strange, isn't it?
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