Fannie Mae (FNMA)

[Pecker9Wood]

Seems to be a lot of speculative talk all of a nature of preferred have value and receivership. Odd talk as the companies are implementing and talking about release from conservatorship. All that is missing is a date but any time there is software releases and testing the completion date gets pushed back. There is also those pesky ten percent changes that take ninety percent of your time as those changes can have a ripple effect across the system. Also the work on the house floor for FOIA of GSE documents, and then the tax cuts, and not to mention the role the GSEs will play in the growth of our economy. All this rhetoric is about creating volatility which these people thrive on. Don't buy into their nonsense and go with what you know is true.