Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

There are numerous scenarios where Commons don't end up much better than where they were at the end 2017. There are a few where they may see $5-8. There are hardly any where they see $10+.

Preferreds have the majority of the lawsuits, the Good Ol' Boys Club (Mnuchin, Paulson, etc), and Contract Rights. They're also the safer bet with about the same upside as the majority of the likely Common scenarios