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Re: capitalismforever post# 411596

Tuesday, 05/16/2017 11:02:09 AM

Tuesday, May 16, 2017 11:02:09 AM

Post# of 795698
capitalismforever,

You continue to mislead with intention to scare longs.
All know very well that NWS replaced fixed rate dividends.

If we go by your logic, then all the excess payments have to be applied to paying off the principal investment as per original SPAPA. So 12% may be applied on residual principal remaining. FMCC has paid back $1B in excess and FNMA owes about $5B.