Fannie Mae-No Politics (FNMA)

[401kobessive]

The common came out better than the prfd in this ruling.
It tied the hands of FHFA not to dilute.
It found that only a receivership can dilute/distribute.
It found FHFA is unconstitutional.

Commons are back in the drivers seat.

Preferred just got back in line waiting on the board of directors and shareholders to decide on how to deal with them.

You know my thoughts as a shareholder....refi JPS.
pay them off...and off they go.


You would do the same thing if it was your personal business or your home.

payoff the lender with a lower rate loan...move on.