Replies to post #680399 on Fannie Mae-No Politics (FNMA)

[Wise Man]

This is the current situation including the effect of the SPS increased for free that the companies aren't recording on the balance sheets.
Other theme is the Secret Plan that leads to a $163 billion refund (SPS overpayment, TCCA fees, etc) and SPS increased for free cancelled. In that case, FnF would have $8 billion SURPLUS of Core Capital over the Risk-Based Capital requirement, that is, Adequately Capitalized.

This is important because it means that, in the case of a Taking today, the UST would have to pay full Fair Value of the stocks.