Fannie Mae-No Politics (FNMA)

[jeddiemack]

You are completely and absolutely 100% wrong.

Fact is Government CAN do whatever they want here. There is / are / nor have been any restrictions and the law and judicial findings are on their side.

Understanding this will set you free to understand that the only thing that will stop them is

themselves and what they determine.

Its a sad reality... but preferreds could be as screwed as commons and frankly, worse, because they mistakenly thought they were protected and they are simply not.

That is the reality.