Fannie Mae-No Politics (FNMA)

[Unhombrealado]

I dont know that preferred investors want to be common investors. I own both, and would be perfectly happy with my preferred getting par and future dividends, and let the market dictate the price of the commons. Having to pay a dividend would make it harder to capitalize if you’re retaining earnings though, so would be Ok with converting my prefs to common if at the time of doing I get par (or very close to it).