Replies to post #7741 on Fannie Mae Preferred S (FNMAS)

[feralcomprehension]

This. FnF serve a vital role and to some degree are irreplaceable. You don't get to 90% market share in a zillion dollar business thru irrelevance.

Plus as I see it the value of my prefs can't be taken away legally.

It's this combination of elements that justify the investment.