Fannie Mae-No Politics (FNMA)

[Doc.007]

To Understand Prefs !!!

One only has to ask, what is the difference between Treasury Bonds / Bonds and F+F Prefs ?

At Treasury Bonds the US Gov is guarantying The Bonds Value for the Time the Bonds issued and by Annual Coupons is paying the Yield or Interests % of presently max. 2% at annual Dollar Deflation of 5% and the Bonds are Debts !

At Prefs If There Would Be Existing Contracts, But As Cancelled NOT Exist, then the difference is By without Gov Guarantees and the same Quarter or Annual Dividends/ Interests % Aspect and same Debts Situations, which by Trading at OTC Sure Does Not Change Anything !

This Is Also The Reason Why Financial Experts Declares Prefs as Debts same as at Bonds, because Prefs are a Kind of Bonds.

Happy Day