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Re: Guido2 post# 729740

Tuesday, 08/23/2022 12:29:48 PM

Tuesday, August 23, 2022 12:29:48 PM

Post# of 797450
"There have been no material updates for Fannie Mae and Freddie Mac in 2022. Both entities continue to build capital through retained earnings and now hold combined capital of $91 billion, up from nearly zero. As we have stated previously, as principally common shareholders (we own a small amount of preferred stock), we own valuable perpetual options on both entities that over the long term we believe will be worth many multiples of today’s prices once re-privatization occurs."