Fannie Mae-No Politics (FNMA)

[Louie_Louie]

This was all put in place to guarantee government wins IF LUQUIDATED. Bankruptcy. The seniors and warrants were meant to destroy the rest of us holders in the event of a bankruptcy. It's common sense naming of these guarantees, definitions as follows.

Liquidation Prefference:
A liquidation preference is a clause in a contract that dictates the payout order in case of a corporate liquidation. Typically, the company's investors or preferred stockholders get their money back first, ahead of other kinds of stockholders or debtholders, in the event that the company must be liquidated

Warrants:
What is warrants in stock?
A stock warrant is a derivative contract between a public company and an investor. A warrant gives the holder the right to buy or sell shares of stock to or from the issuing public