Fannie Mae Preferred S (FNMAS)

[rosen62]

This ruling may have some importance to us.

It is a new per se taking interpretation regarding personal property. It also pertains to a 1929 order yet the physical property continues to be "taken". The Supreme court remained silent regarding the possibility of using an injunction as a remedy. Yet overall I see benefits for us. Good read in this link:

http://takingslitigation.com/2015/06/23/horne-supreme-court-says-seizures-of-persoanl-property-are-subject-to-a-per-se-rule/