Replies to post #582590 on Fannie Mae (FNMA)

[Doc.007]

MC at second Public appearance mentioned SPS Preferences Fully Paid ( See Video ) !
Ben Elliott at following GSE Report Interview reconfirmed the same.

[Doc.007]

Prefs as at Point 3. Described means PS & JPS Buys after Sept. 5, 2008 by Insolvency Laws Get Voided !
This independent of Institutional- or Retail- Investors.
We have to aware if it would not been handled like this, it would be the first Insolvency Company in US History.
I'm agree with You about the Insolvency and controversy about, but We must aware that the Gov with F+F will defend it by any means to look better after all and the Gov or F+F are not generously as we know, contrary.