Fannie Mae Preferred S (FNMAS)

[Donotunderstand]

Navy

GREAT due dilligence

Thanks to you - from me and many

(and what he said - the gent in the house - sure sounds right to me based on what I know of the last 10 years. There does appear to be a 180 by Barney Frank and that may or may not still be there - and a temporary DEM abandonment of F and F when it appeared (was painted) to look as F and F CAUSED the big melt down. Now that most (98%)know that was a CANARD the DEMS should be bakers of F and F as the fastest best way to add liquidity to housing - and yes to have a bent added for lower but now low income. It need not be as was - and likely should not be - and F and F need more competition. But I think (hope) more and more in the Congress from both sides realize this business can NOT go to the TBTFBanks who are a major cause of the last mess and who do mortgages and paper where F and F only do the paper - elimination one COI ((of many)

Thank you -- Amazingly frank talk and great effort on your part