Fannie Mae's stock was up almost 300% in 2019, however shares have recently fallen sharply over 40% in the past few months. Gabriella Heffesse, CFA, of ACG Analytics, returns to Real Vision to argue why prices are deviating from fundamentals, and to discuss the current opportunity in the junior preferred stock. In this interview with Justine Underhill, Heffesse reviews the timeline for the road to recapitalization, analyzes the upcoming legal and regulatory hurdles, and highlights how traders should position over the coming months. Filmed on November 19, 2019.