Replies to post #822564 on Fannie Mae-No Politics (FNMA)

[CCSAB]

Actually as it's currently structured they ABSOLUTELY do require more capital given the 4% minimum requirement. It would be false to say otherwise.

[kthomp19]

FnF do not need any more capital if SPS are used as a backstop.

Wrong. This table is from Fannie's 2024 10-K. Notice the huge negative numbers, which represent how far below their regulatory capital levels they are. If FnF truly did not need any more capital those numbers would be zero or positive, by definition.