Fannie Mae Preferred S (FNMAS)

[brandemarcus]

1. Why does Fannie get all the fun? Fannie's dta's/draws are 64/117=54%. freddie's are only little less 37/72=51%.

2. I still have hard time understanding the logic here. Fannie pays the right hand of the tsy more (greater net income) as result of not having to pay the left hand of the tsy more(taxes). I guess if I understood this, then maybe I could understand political slogans such as "stop the government takeover of medicare".

3. I guess many are predicting a good day on Friday. If it really happens , then it's really time for me to stop posting for at least 6 weeks (1st quarter earnings). It's been fun, but also takes too much time. I need to jog more for my blood pressure.
Owning fnf pfd 's for 3.5 years and being a fan of bad sports teams is not good for the blood pressure. I hope we have at least half the gains that many are predicting.