Replies to post #557686 on Fannie Mae-No Politics (FNMA)

[YanksGhost]

Thank you, Obi, for confirming that. Your posts over the weekend were SO helpful to many of us. Much appreciated.

[cooler_heads]

He also brought up a good point on the difference between regulatory capital and enterprise capital in that they could be released from c-ship if regulatory capital is met.

Correct me if I’m wrong but regulatory capital is whatever FHFA deems to put FnF in a sound and solvent position.

Any updates on the framework since the comment period?


https://www.moodysanalytics.com/regulatory-news/july-17-18-fhfa-consults-on-new-capital-framework-for-fannie-mae-and-freddie-mac

[ReadyToRumble]

I second Yanks "thank you." Kept up with ya over the weekend (as well as the past coupla days) and found it interesting catching up with the latest by someone who understands the legal process. You've been very helpful and I appreciate that.

[trunkmonk]

I agree with your post 100%

[Lotto65]

After watching the hearing, I believe they would like to put this all behind them rather than deal with this on a daily basis, my opinion they will start with ending the sweep quickly. Thanks Obi!

[whipstick]

so we think they'll take it to trial on remand or there will be a summary judgement on the merits?

There won't be a trial - next steps are obvious. Ruleoflawguy was right when he said they can't deny the facts now - they will settle. It wasn't a business decision it was a ruling on the merits of the law - the wiggle room is all gone.


ALSO amazing that a mod on this board is disparaging to Howard. The man is a modern day patriot - get it together.