Fannie Mae Preferred S (FNMAS)

[betahighlander]

@Do not- Sorry i got off topic. i was talking something similar to freddie n fannie a few years back.
These guys are misunderstood like fannie and freddie were a few years ago.
similar analysis of reserves etc... needed to understand the financial condition. plus talking on some real risk for some real reward. I have stacks of finanicials on this and the Insurance accounting is hard to follow.
However the money is there, just not allowed on the books. again very similar to fannie n freddie.
You need to do your dd and see if you like the risk reward.
More work than most stocks.