Replies to post #647723 on Fannie Mae-No Politics (FNMA)

[Brooge warrants cancelled]

it was good enough and vague enough

[RickNagra]

What’s wrong with that ? They both said the GSEs should be released. That’s a great answer.

[garyhalvo]

Yes, both think that the GSEs should be released

[Alienion]

Best answer from them in years!

[EternalPatience]

Can you summariZe? I assume this is from the Mnuch session today. Am not listening

[contrarian bull]

They both clearly said exactly when the GSE's would be released:

When they are adequately capitalized.

They even said how much capital they need by referencing the new capital standards.

They didn't say when they would have adequate capital, but we know that by simply retaining earnings they could have it in 5-10 years. If The Supremes grant some monetary relief that could be accelerated by 2-5 years.

Anyone heard that? Totally vague answer. They both think GSEs should be released no comment on when.