Indeed. The GSE Commitment Fee is huge news! I'm glad $FNMA will shift from a full Net Worth Sweep to only paying a sizable Commitment Fee for the Treasury's back-stop.
At least it's a step in the right direction. Keep sending the Treasury money, just a little less.
I wonder how much the Footprint Reduction + the Commitment Fee will reduce $FNMA's Earnings Per Share.
Nah, I'm sure it's nothing to be concerned about ;-)
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