Replies to post #569576 on Fannie Mae (FNMA)

[trunkmonk]

Mongo like George, hope he doing good. Mongo lost share count, me think it takes 20 m piece of paper in furnace to get Choo Choo to 4ville.

[TRCPA]

Excellent. Thanks for attending and reporting back.

[RickNagra]

Can you further explain this ROE question ? Does it stand for return on equity ? Does it have something to do with dividends ? Also did Calabria provide an update on his cat ?

[obiterdictum]

I attended the conference at George Mason featuring Calabria yesterday and wanted to clarify some of the information that is being reported from the meeting. In terms of a capital raise he did say it could be as early as 2020 (he said he thought in 2020 or 2021). Again, during the conference he stated that there were no strict time lines for anything as he has been saying all along.
Also, one of the questions from the audience noted that the current ROE for the companies may be too low to attract sufficient capital and were they doing anything to raise it. Calabria said yes but that he would not go into specifics.

Hi nats1,

ACG Analytics tweeted:

In discussion at @MasonLEC, @FHFA Director @MarkCalabria publicly indicated #GSEs could leave conservatorship before hitting top capital threshold and operate under consent decree.

In discussion at @MasonLEC, @FHFA Director @MarkCalabria publicly indicated #GSEs could leave conservatorship before hitting top capital threshold and operate under consent decree. pic.twitter.com/N5a4IvYdLs

— ACG Analytics (@ACGAnalytics) October 10, 2019

1. Did Calabria use the words reported above or is this "publically indicated" statement an interpretation of what Calabria related to the audience?

2. Did Calabria actually say "consent decree."

3. Is there any memory of the context in which the above reported publicly indicated information was given by Mark Calabria?

4. Was there an elaboration or follow up question and answers on the meaning of the"#GSEs could leave conservatorship before hitting top capital threshold and operate under consent decree?"

Thanks in advance for responses to these questions.

[HoldenWalker99]

Thank you for posting. The concept of ROE for new investors is ignored by almost everyone on this board because it leads to an IPO price in the low-to-mid single digits given today’s earnings.