Replies to post #16826 on Fannie Mae Preferred S (FNMAS)

[big-yank]

I should have said one additional thing in my earlier post. When conservatorship ends, so does Amendment 3. There are no more draws from Treasury and no more payments to Treasury. All that remains is some final accounting on Senior Preferred preference... paid, unpaid, over-paid... and that is inevitably steered by the court system in one way, shape or form yet to be determined.