Fannie Mae Common And Preferreds: The Home Stretch

Core Insights - The Federal National Mortgage Association (FNMA) is approaching a release from conservatorship, which is expected to unlock the value of both common and preferred shares, particularly Series S [1] Group 1 - The release from conservatorship is anticipated to enhance the value of FNMA's common shares and preferred shares [1] - The analysis is based on value investing principles, focusing on an owner's mindset and a long-term investment horizon [1] - The author does not engage in writing sell articles, as they are viewed as short theses, and does not recommend shorting [1] Group 2 - The author has a beneficial long position in FNMA, FNMAS, and FNMAT through various investment vehicles [2] - The article reflects the author's personal opinions and is not influenced by compensation from any company mentioned [2] - There is no business relationship between the author and any company whose stock is discussed in the article [2]