Replies to post #606969 on Fannie Mae-No Politics (FNMA)

[Glossy]

Bottom line, under this really bad situation, it is still positive income. People are expecting it to be at a loss but so far it is weathering it.

[skeptic7]

And when next earnings has them in need of a Treasury draw, that's game-set-and match. The Government was using delays in Courts in hopes of legislation against the GSE's getting them off the hook. A pandemic, while not the popular route, will do just fine as a substitute.

[Golfbum22]

accounting changed from GAAP to CCEL also and what does the 1.1 billion set aside mean?