Fannie Mae-No Politics (FNMA)

[HoldenWalker99]

I’m sure that someone will send you a list of 100 positive developments but all you need to know is that, over the last two years, common still trading around $3 and preferred have doubled.

Preferred very likely to hit par at some point in the future given that a recapitalization is almost a certainty.

Common still the wildcard. Too many variables and risks. And probably not much incremental reward.