Tuesday, March 26, 2024 3:46:38 PM
Only about the release, just because the UST chose a 3-option Privatized Housing Finance System revamp for the release, in a Report to Congress in 2011, at the request of the Dodd-Frank law.
The Book Value or Common Equity is a fixed amount.
The redemption of the JPS is a done deal because it's a corporate decision, as they will be no longer necessary to leverage FnF and comply with the ERCF.
Therefore, the White House has a lot to talk with the Congress (FHA's MMIF fund, HUD, etc).
Just not about the Conservatorships and their adjusted Balance Sheets (picture of a company at a determined date).
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