Fannie Mae-No Politics (FNMA)

[TheDon3]

What incentive would Corker have to preserve the GSEs, much less help the preferred? He's retiring as well and not up for reelection lol. This is the same guy who said he wouldn't help hedge funds and his animosity to them was one of the reasons he wouldn't be in favor of recap and release.

There's no bill. Nothing's under discussion. Congress leaves in less than two weeks. I call BS.

Plus you're talking about a March deadline at most.

Preferred shares are also non cumulative meaning GSEs can pay out dividends when they choose too.
Preferred stock most of it is not transferable either.

Choose wisely.