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capitalismforever

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capitalismforever

Re: MannSinger post# 404011

Tuesday, 04/18/2017 5:03:35 PM

Tuesday, April 18, 2017 5:03:35 PM

Post# of 797264
Prior to 2012, the dividend was a 10% fixed rate. After the 2012 Ammendment, it became variable. That's why an "illegal takings" argument is being made in court.

Source: https://www.fhfa.gov/Conservatorship/Pages/Senior-Preferred-Stock-Purchase-Agreements.aspx
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