Great idea Lightning...my problem is this...how would I get my 2nd and 3rd cousins to go away with their “help me” signs. After all they didn’t risk their behinds off holding on to FnF during the darkest days.
It's not $228ps but $258ps in the case of FMCC, $240ps for FNMA. I updated the 2019 fair value assuming that all the Credit Risk Transfers are voided. The CRT expense accounts for almost 10% of their Net Revenues. So, it's a big deal!