Like Glen Bradford said on Twitter:
"Receivership is just 1 of 2 options, so it will be discussed. "
And I agree with you 100% CF. All options must be weighed here.
Actions speak louder than words, and Mnuchin's actions so far are pointing towards a winded down Fannie and Freddie, restructured, and released post receivership. IMO
It's best to be in both Common and Preferreds at this point.
Just in case. Smh.