Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Right, technically not Cancelled. Just trade at .0001 on the Grey Sheets. That will be our future -- Commons and Preferreds -- assuming Sweeney rules unfavorably for us on the Motion to Dismiss.

Looks like we'll find out at the end of January. Until then, expect a lot of uncertainty and year-end tax-loss selling, especially in the -45% Commons where there's lots of losses that people may look to take.