Replies to post #747358 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

I think that's why when the JPS were issued in 2006 or 2007, they were considered CET1 capital, but in response to the 2008 great financial crisis, FASB or whomever decides said no more non maturity JPS count as CET1.

It'd be interesting if someone knew whether or not DTA'S were considered CET1 capital pre crash 2008.