Replies to post #656782 on Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Nope, new pref's will be issued paying 1.5%
Old pref's to be offered maybe 50% of par at this point since no dividends for 3-5 years and absolutely no chance of BK. The only two things pref's have guarantees for.

Try harder