Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

How does Utility Model affect FNMA Common EPS? I imagine we can throw out all EPS predictions since the GSEs will be heavily regulated and not allowed to make much profits.

Seems like a punch in the gut to Commons while rewarding Jr. Preferreds with hefty dividends.

@CRLONLINE Mike Calhoun and the Center for Responsible Lending propose significant lowering of the "Capital Requirements" and to regulate the GSEs as Utilities, as investors will "appreciate that the GSEs low-risk business model is stable and see the GSEs as value stocks."

— GSE Restoration Team (@JohnDee78791547) November 29, 2021