Fannie Mae-No Politics (FNMA)

[contrarian bull]

Why_do people think Preferred_shares can't vote? They can for sure vote on any change to the terms of their shares.

From my FMCKJ agreement under "Amendments" it says:

Otherwise, we may amend the Certificate of Designation only with the consent of the holders of at least two-thirds of the outstanding shares of Preferred Stock. On matters requiring consent, each holder will be entitled to one vote per share.

Don’t need warrant letter anymore. I’d be more worried about Ps not having a vote