Fannie/Freddie Prefs vs. Common?
Following up my writeup on the GSE preferreds, I’ve attached 2 research reports, one that favors the common stocks (FNMA/FMCC) and one that favors the preferred stocks (my view).
The first report argues that the upside of the common stocks far exceeds the potential upside of the prefs and was put out by Whitney Tilson’s Em…
Keep reading with a 7-day free trial
Subscribe to Kaoboy Musings to keep reading this post and get 7 days of free access to the full post archives.