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GAK-

11/13/20 3:59 PM

#641637 RE: Commons_Cancelled #641634

Quote: "Which means the GSEs need to raise $33B less capital to meet the CET-1 requirements."

You guys are back to discussing sequence and timing. I'm talking about total capitol. I believe, with most, that the GSEs will be given up to 5 years to raise that capital buffers. I believe, as the GSE comment letters both say, that higher G-fees will be instituted, leading to higher earnings
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RumplePigSkin

11/13/20 4:12 PM

#641640 RE: Commons_Cancelled #641634

We’ll convert you - at fair market value when FnF decides it prudent to do so .... haha!

Good luck!