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Post# of 796308
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401kobessive

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401kobessive

Re: YanksGhost post# 550453

Thursday, 08/29/2019 12:06:26 PM

Thursday, August 29, 2019 12:06:26 PM

Post# of 796308
basically,

and this is in real simple terms...

FNMA needs to refinance its long term JPS debt.

Issue new JPS at a lower % rate.

Cost to service to loan goes down.

Pay off all JPS with the new JPS Debt.

Simple.

JPS goes away...Commons go to shareholder meetings.

Can be done quick and easy.

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