Replies to post #606682 on Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

The market disagrees based on its valuation of JPS versus Commons. But we will all have to wait and see as no one knows for sure what's going to happen.

However, we do know that Calabria can raise capital if the GSE's are categorized as under-capitalized ;-)

12 U.S. Code §?4616. Supervisory actions applicable to significantly undercapitalized regulated entities

(b) Specific actions
In addition to any other actions taken by the Director (including actions under subsection (a)), the Director shall carry out this section by taking, at any time, 1 or more of the following actions with respect to a regulated entity that is classified as significantly undercapitalized:

(3) Acquisition of new capital
Require the regulated entity to acquire new capital in a form and amount determined by the Director.