Replies to post #794537 on Fannie Mae-No Politics (FNMA)

[Barron4664]

Wise Man,

That was a lot of words about the SPS. Next time try reading what you are replying to. My posts have said the LP is not on the balance sheet. Nowhere have I said the SPS are not on the balance sheet because they are. Reading is fundamental. I guess you dont want anyone to agree with your hypothesis. Thats ok. I think you might be right. I dont understand why you post if you dont want anyone to agree with your theory. Strange behaviors.

[imbellish]

Have you a guess on the initial duration of the zero coups invested? 20yr?

Reason I ask is the value of those may now be accruing in line with the net worth figure.