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Post# of 795734
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Re: Guido2 post# 575484

Saturday, 11/09/2019 2:43:26 AM

Saturday, November 09, 2019 2:43:26 AM

Post# of 795734
Exactly. A sudden removal of the government backing will trigger lawsuits from the MBS holders. That is unless they continue doing what they are currently doing and exhaust the government line of credit. Once the line of credit is exhausted the government could then consider the senior pref shares repaid, thus free of the explicit backing.
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