Fannie Mae Preferred S (FNMAS)

[rosen62]

Thanks for your feedback.

The sure path to receivership is set by the reduction in net worth by the 3rd. On year #5 this is zero. In other words, the companies cease to exist. Will the doors be shut down or will the companies be absorbed by the government? Doesn't look like Mel Watt will be happy with any of those outcomes.