Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Would be more than happy with the Dividends being turned back on.

Jr. Preferreds are a Win-Win at this point. Either they get Converted to Commons or their Dividends get turned back on.

FNMA Commons are in a difficult position. Already facing 400% dilution from the Warrants, they now also face an additional $100B in dilution bringing their ownership down to the mid-to-low single digits.

And that's No Bueno Amigos!