Replies to post #748446 on Fannie Mae-No Politics (FNMA)

[skeptic7]

"Hey Investors! would you like to invest in a company in conservatorship and that which the highest court in the land said that taking any or all of our profits any time the conservator saw fit, AND without further explanation required?"

Investors: "Look at the share price and consider your question rhetorical."

[Clark6290]

Any idea what FNMA's Market Cap is? My simple RADCON math indicates about $550 Million, that is the value shareholders place on FNMA

[akennedy_stocks]

Weak and disappointing....

[Wise Man]

The Net Worth isn't used to meet capital requirements. Hello?
Primarily, today's Net Worth of $60 billion is comprised for SPS, not Retained Earnings, because these SPS increased for free every quarter, carry an offset that reduces the Retained Earnings. So, it isn't a Capital Reserve (amount of Net Worth above the capital stock), but capital stock and the Capital Reserve is $0.
This is concealed with fraud. As we can see in the balance sheet, these SPS increased for free do not appear on the balance sheet, to evade recording the offset, so that the conmen can peddle the lie of: "FnF build capital".

A NWS 2.0. The Common Equity is swept and substituted for SPS.
That tweet from a hedge fund manager, Alec Mazo, is echoing the Letter Agreement by Calabria and Mnuchin approved 12 days before Secretary Yellen was sworn in, using the so called "agreement" to indicate the "Capital Reserve End Date" as a metric that has to meet the Capital requirements.
This is the true analysis of the capital metrics:
Fannie Mae posted a whopping $175 billion Core Capital shortfall over Leverage Capital requirement as of end of 2022.
The capital shortfall surges to $235 billion, with the adjustment for the SPS increased for free.
With the Separate Account plan, Fannie Mae would post $13 billion Capital Surplus.

SEPARATE ACCT
▪️Common Equity:$108B($93ps):Beginning bce,June 2008:$19.5B +Total Comprehensive Income(Accounting change 2009,2010,2020):$80.8B +CRT,net(RE):$8B
▪️$13B C.Surplus over Leverage C.requirement
FRAUD
$175B C.Shortfall
Adjusted for gifted SPS:$235B shortfall.#Fanniegate pic.twitter.com/GzgRtxCfXA

— Conservatives against Trump (@CarlosVignote) February 14, 2023