Fannie Mae Preferred S (FNMAS)

[skibrian]

"That entity could replace Fannie Mae and Freddie Mac, which were publicly traded companies with no explicit government backing before they were seized in 2008 after investments in risky loans pushed them to the brink of insolvency. The two companies have since drawn about $190 billion in taxpayer aid and paid Treasury $50 billion in dividends."

http://www.bloomberg.com/news/2013-02-20/limited-mortgage-finance-role-for-u-s-government-gains-support.html?cmpid=yhoo

entity replacing fannie and freddie is not good language if you ask me....