Fannie Mae-No Politics (FNMA)

[M I A]

No I didn't opt out. It was merely hypothetical to convey a point. That's all. At this point in time, both common and preferred are at horrible price points and , the market understandably, is choosing to steer clear until they have something to sink their teeth into.

Their view and lack of knowledge on the situation is what gives us, jp and common, the opportunity to buy at such abysmal levels. Their loss, our gain. Sooner or later, hopefully sooner, we will fair just fine.

At least that is my thought.

Thanks for replying

JMO