Fannie Mae-No Politics (FNMA)

[navycmdr]

One veteran GSE lobbyist told IMFnews that he believes there is
just a 20 percent chance of GSE reform being signed into law this year…

Keep in mind that the Treasury Department is the de facto owner of
Fannie and Freddie, controlling all of their senior preferred stock.
Depending on who you talk to, the common shares are worthless and
the junior preferred is “almost” worthless – but that hasn’t stopped
individuals and investment vehicles from speculating in these instruments…
P
OP QUIZ: If you’re a speculator, which would you buy: shares in
Fannie and Freddie or Bitcoin? Drop me a line at: [e-mail]...