Hard to say, from the info I checked out all over end of last month and there were radical values. There were some good convos here on the matter http://www.joestocks.com/forum/showthread.php?529-Fannie-and-Freddie-Comments/page2 $1000 would buy you 990 shares of FNMAT with a face value of $24,750. Dividends of $2042 if reinstated.