Replies to post #2512 on Fannie Mae Preferred S (FNMAS)

[CatBirdSeat]

Interesting thought. Are you inferring that the reduction in the reserve may be possibly due to calling the preferred securities sometime in the future, as the reserve decreases? I'm about half asleep now, so don't scold me if I'm sound stupid. Cheers.

[littledevils90210]

I do not think there is correlation to the jr preferred call dates. The call dates % are not constant...go figure...devil