Replies to post #784025 on Fannie Mae-No Politics (FNMA)

[FOFreddie]

CRT Issuance in June 2023. See the Selling Group.

https://www.fanniemae.com/newsroom/fannie-mae-news/connecticut-avenue-securities-2023-r05-deal

Here is the Offering Memorandum:

https://capitalmarkets.fanniemae.com/media/23791/display

Where is the "looting" that TH mentioned? How is the Selling Group selected and connected?

[Guido2]

Thanks FOFreddie. Will go over a few offerings one by one, later.
Noticed that the initial purchase discounts range from 0.25% to 0.50%. Don’t know if this would be considered looting. Since Robert and Bill worked at Fannie, their opinion would be greatly appreciated. Also noticed that there’s a huge range in the initial class coupons from 0.0% to 18.32131%. Appears ridiculous. Will read the details, as perhaps, there’s an immense opportunity for looting which should definitely be exposed.
Will get back to you on this in a few days. Just too much to read in a short time for a novice.

[Guido2]

Thanks FOFreddie. Will go over a few offerings one by one, later.
Noticed that the initial purchase discounts range from 0.25% to 0.50%. Don’t know if this would be considered looting. Since Robert and Bill worked at Fannie, their opinion would be greatly appreciated. Also noticed that there’s a huge range in the initial class coupons from 0.0% to 18.32131%. Appears ridiculous. Will read the details, as perhaps, there’s an immense opportunity for looting which should definitely be exposed.
Will get back to you on this in a few days. Just too much to read in a short time for a novice.