Replies to post #595824 on Fannie Mae-No Politics (FNMA)

[trunkmonk]

Lol good one.

[camaro4me]

Now we know why Calabria won't publish his capital rule.

FnF announced CECL accounting standard of $0.2 billion and $1.1 billion, respectively, as of end of December. With the slump in the Treasury Yields year-to-date, they will drop their expectations to $0 in their next earnings report.
It means that their Capital needs are $0. This is why Calabria conceals his proposed Risk-Based Capital requirement.
The JPS are obligations and don't reflect the enterprise value of companies that earn $20 billion together.
Who is the illiterate in Finance that still holds even 1 JPS?
PUT YOU HAND UP IN THE AIR!

[mhill_fin]

Borat? Is that you my friend?

[955]

We have foxes (Mnuchin as well) in the hen house...

FnF announced CECL accounting standard of $0.2 billion and $1.1 billion, respectively, as of end of December. With the slump in the Treasury Yields year-to-date, they will drop their expectations to $0 in their next earnings report.
It means that their Capital needs are $0. This is why Calabria conceals his proposed Risk-Based Capital requirement.