Replies to post #777656 on Fannie Mae-No Politics (FNMA)

[Rodney5]

Senior Preferred Stock is a product by definition.

FHEFSSA as amended by HERA
Prior Approval Authority for Products

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173385867

Definition with example
INVESTMENT PRODUCTS
Accounts & Products
https://www.schwab.com/
Below all categories are investment products.
Mutual Funds
ETFs
Index Funds
Stocks
Options
Bonds, CDs & Fixed Income
Money Market Funds
Cash Solutions & Rates
Cryptocurrency
More Investment Products

4541 Prior Approval Authority for Products
Page 1607

https://www.fhfa.gov/Government/Documents/Federal-Housing-Enterprises-Financial-Safety-and-Soundness-Act.pdf