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trunkmonk

03/19/21 9:35 AM

#670418 RE: Wise Man #670416

The smart Ps already knew this. Result is piling into commons.
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chessmaster315

03/19/21 12:45 PM

#670454 RE: Wise Man #670416

No. FNMA (common) does not have and never has had a par value.
You are always posting "bombshell" but then you put your opinion only.

FNMA (commons) never have had a par value. Source: https://www.sec.gov/Archives/edgar/data/310522/000031052220000121/descriptionofsecuritie.htm. In relevant part:

Section 303(a) of the Fannie Mae Charter Act, which we refer to as the Charter Act, provides that Fannie Mae shall have common stock, without par value.