Fannie Mae-No Politics (FNMA)

[MannSinger]

Berko is moving it from MF to personal a/c using $ from closed HF

It all started when Berko closed HF. That money from HF is going into buying preferred from mutual fund. It looks Berko and others who were in HF are buying preferred from mutual fund. Mutual Fund will still show profit in GSE's investment because MF purchase price was well below current selling price.