Fannie Mae: A Primer To Senior Preferred Shares And Warrants (FNMA) – Seeking Alpha (registration)

Fannie Mae: A Primer To Senior Preferred Shares And Warrants (FNMA)
Seeking Alpha (registration)
Before going further, some basic stock concepts a reader requested: Preferred stock is stock which is has some feature which gives it a “preference” over common stock. The usual preferences are liquidation and dividends. A liquidation preference is a

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