Fannie Mae Preferred S (FNMAS)

[rosen62]

Good article on regulatory schemes...

http://www.washingtontimes.com/news/2015/jul/30/john-ratcliffe-abolishing-the-consumer-financial-p/

The regulatory state is controlled by unelected bureaucrats who operate secretly, with little meaningful input from the folks who will actually be required to comply with their mandates. The Obama Administration’s willingness to smother economic growth seemingly has no limits — it recently issued its 500th major regulation at a combined cost of $625 billion.