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Re: Guido2 post# 772927

Tuesday, 10/31/2023 2:19:34 PM

Tuesday, October 31, 2023 2:19:34 PM

Post# of 796433
From 10Q Adjusted Assets $ 4.56 Trillion X 2.5% = $ 114 billion. Issue is Liquidation Preference otherwise $ 114 bn - $73.7 bn = $ 40.3 bn if ERCF revised down to 2.5% as TH suggests. We should be at $ 114 bn or more in 2 years at current earnings run rate. Also - FNMA earns a ROA on the cash related portion of the $73.7 bn which adds to interest income.