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kthomp19

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kthomp19

Re: FreeFNMA post# 443243

Friday, 12/29/2017 1:13:52 PM

Friday, December 29, 2017 1:13:52 PM

Post# of 793130
The preferreds only have that cap if they are not offered a conversion to common. I anticipate that happening because it gets FnF out from under those dividend payments allowing for common dividends and an easier recap, along with not costing the government any money.
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