Replies to post #9166 on Fannie Mae Preferred S (FNMAS)

[mikeb001]

the market will jack up the interest rate to compensate risks for the first 10% loss they'll incur under Corker's plan.

there's really no major difference b/w Corker's plan and the current f&f - the government would be on the hook for future losses. 10% won't be make a difference. talk about reinventing the wheel.

[camaro4me]

Just because they have not thought this through, that does not mean they won't pass the bill.