Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

Hard to buy Commons with imminent JPS Conversion.

I'm tempted to Gamble a little on FNMA with the other Average Joes, but I think Jr. Preferreds will get generous Conversion terms.

Still, FNMA might be worth a Gamble down here for a quick pop.

Then again, she might just keep dropping as the Mnuchin Dilution Solution becomes more apparent to the Market.