Replies to post #781975 on Fannie Mae-No Politics (FNMA)

[bradford86]

The liquidation preference keeps going up. The face value does not. The government’s accounting of the value if its spspa it publishes i think once a year. The cbo report monetizes the face value of the spspa.

Nothing is hiding. It is all there, but the market value of the equity of the gses based on their earnings power is only so much