Replies to post #629313 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

Gotta spend money to make money, right!?

Except, the GSEs can't spend capital while trying to raise $100-150B in new capital.

And the JPS aren't going away without a juicy Conversion to Commons or Big Dividends wink

The JPS don't need to go away. They can stay right where they are.

Non-cumulative with dividends turned off until 2024 the end of calabria's term. wink

It's coming amigos.