Replies to post #588183 on Fannie Mae-No Politics (FNMA)

[1011101]

Thanks. Do you think this has some kind of connection to them going private?
https://finance.yahoo.com/news/fannie-mae-freddie-mac-soaring-154600159.html

[FOFreddie]

Thanks Red Cloud.

Looks like the Growth Fund of Americal also owns about $1 bn of Fannie preferred and $600 million of Freddie preferred. About $2.5 billion in total of preferred and common. Seems like they have confidence in validity and profit potential of both preferred and common?