FNMFO - Trump's Letter Is Great For Collins Vs. Yellen GSE Legal Claims

• The Supreme Court ruling from earlier this year where the preferred stock of Fannie and Freddie dropped 70% said that a President statement would be relevant in proving constitutional harm.
• Prior President of the United States has now written a letter that has been published that is the public statement that alleges harm.
• The perception of the Collins case is rapidly moving from an incredibly longshot to a decent argument and the price of the preferreds is beginning to reflect the sentiment change.

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