Fannie Mae-No Politics (FNMA)

[cooler_heads]

http://www.bloomberg.com/news/articles/2016-09-26/perry-capital-closing-flagship-fund-after-almost-three-decades

Perry Capital’s less liquid positions will be sold over the next year, or longer. Some of them, including its remaining preferred shares in Fannie Mae and Freddie Mac, “will take time, energy and capital to successfully realize an appropriate result,” Perry wrote in the letter. The core team will remain in place to aid in the liquidations and capital will be returned quarterly as transactions are completed.