Replies to post #145112 on Fannie Mae-No Politics (FNMA)

[KylieM]

We must also remember that starting in 2014, FnF's capital reserves will be depleted by $600M each year until they reach 0. That's bad news for shareholders because what little assets we do have will be depreciating at a rate of ~15% annually.

Why? Please further explain. Never heard of that. Thanks.

[jackticker]

Great post but one thing missing-Lawsuits could play major role in outcome of FnF.

"All of this could change (and I hope it does!) with net zero, followed by public outcry, inability of Congress to agree on reform, and lack of a comprehensive plan that would not create systemic risk or catastrophic failure to the fragile economy."