Replies to post #528172 on Fannie Mae-No Politics (FNMA)

[HoldenWalker99]

He didn't say that either.

DIRECT QUOTE: "the low risk way is to retain earnings, stop the sweep... 5 or 6 years you can talk about baseline being retained earnings for 4 or 5 years and then IPO to get over line"

That is not what he said. You need to listen again. He gave different timelines for different resolutions. The 5-year plan was with the GSEs simply retaining earnings--no public offering. He said the offering would jump them ahead on the timetable.

Come on now. :)