THe FASB is considering new rules that would pull off balance sheet items onto the financial statements. This would reaquire Fannie Mae FNM and Freddie Mac FRE to raise billions of capital.
Now class questionas
Why would FRE and FNM be required to raise billions of new capital?
What does the article mean when it says that the longer it is put off the more dilutive it will be?
Professor Elam 
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