Fannie Mae Preferred S (FNMAS)

[Ace Trader]

That's my feeling also. Even if the clams stick which they should. Tim howard said the Gov won't want to take it to SCOTUS as it will air out more dirty Gov laundry and files. Here's whats going to happen in the next 15 months or so

1, Claims are a win for P's Gov pay back damages.
2, Gov negotiates with plaintiffs on a deal
3, Gov releases, canceals it's 79% to build equity and div's return

Either way at these prices it's a long term play if you want a steady income from cheap P's right now, 2 to 3 years away or a short term play to make $5 to $7 on a share by Oct 2021.