Fannie Mae-No Politics (FNMA)

[M I A]

What is your split? As far as percentage.
What broker account?

I switched over like a frightened school girl.
Little at first and was in fear when I sold some that funds would be on hold for a few days, but I guess even though it is OTC, my other holdings act as collateral and the money was instantly available. I do have a margin account in E-Trade and TDAmeritrade. Worked for me in both.

I figure switch over if you can and little at first to test the waters. Maybe even call first and ask. It's not like I had major position to switch like a whale, but still was nervous. They both are so liquid, it was an easy switch.

Little at a time with a limit order just below bid to make sure it sells. Then calculate and put a limit order above the ask. Went right through. Even with commissions, I ended up with more shares after the switch. I guess the day I did it FNMA was 2 pennies higher than FMCC, so I ended up with more.

I hope that helps.