Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

Robertus, Glen Bradford has been wrong so many times he will be wrong again. The guy is constantly wrong. The content of these messages are not important, continuing to keep folks apprised of an imminent ruling from SCOTUS gets the pipes primed ...

The real reason Bradford and his friends continue with their commons messaging is so they can get out of their quagmire trade that the CFO of Fannie who issued the same JPS Bradford and friends are in - called their Junior Preferred investment a “quagmire.”

I wouldn’t touch JPS as they’ve lost 50% of their value relative to commons once the fast recap approached died with Trump going out.