Replies to post #623582 on Fannie Mae-No Politics (FNMA)

[JosephS]

This seems more like "check" and both players are down to just a few pieces. Government has a king and rook.

Preferred litigants have a king, rook, queen and knight. Along with 4 pawns trying to get to the other side.

Even if we lose SCOTUS, they are not in rship and I don't see a way for that. The no rship was originally a preferred stockholder strategy, fyi.

Checkmate on pref is if Mnuchin says no admin action or "I wait for SCOTUS ruling"...

Not a recco