Fannie Mae-No Politics (FNMA)

[JusticeWillWin]

Glad I own $FNMA, $FMCC and $FNMAS (and $COOP)

Good luck to all longs here!

I am curious what the last 3 trading days in 2023 will bring...

Agreed Imbellish, the capital distribution for the Lamberth case has already been booked for both Preferreds and Freddie commons. The price should revert to the norm shortly. Historically, there is no precedent for the overly large spread that we’re witnessing. The extreme value is with Freddie right now until the spread tightens. I think that it is a short term anomaly that will be corrected more sooner than later. Good Luck! Big day for Freddie tomorrow 🤞

I am long $FNMA $FMCC $FNMAS $COOP
No investment advice!