Replies to post #550904 on Fannie Mae-No Politics (FNMA)

[Patswil]

PPS should be $161

[YanksGhost]

Once again I must remind you... a reserve is NOT capital when it is created by FEES, not retained earnings or via a capital stock issue. There is no dodging that bullet. They are what they are: reserves but do not meet the regulatory standard for regulated capital.