Replies to post #744375 on Fannie Mae-No Politics (FNMA)

[familymang]

I can assure you that the prayer for relief from the Collins/Bhatti/Rop plaintiffs are for either 1) write down of snr pfd liquidation in full or 2) convert the snr pfds to common. Option 2 is much better for the government so I don't see why they would settle for anything less if push comes to shove.