Fannie Mae-No Politics (FNMA)

[Commons_Cancelled]

JPS & Commons will both learn their fate with the release of the CRP.

JPS are in a much stronger position. Their claims in Lamberth's court are worth upwards of 150% of Par.

I'm sure they will receive a juicy Conversion to Commons, or their Dividends will be turned back on at the time of the capital raise.

Commons end in the $4-6 range (adjusted for Reverse Splits of course). They still do well from these prices, but they pale in comparison to the gains Jr. Preferreds will have had over the last decade plus.