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Sunday, July 26, 2020 4:58:38 PM
Maybe that's why FNMA Commons are really struggling while Jr. Preferreds have seen a 15-20% increase in recent weeks?
Commons really don't like the Capital Requirement. So if it gets approved, I imagine Commons are going to get smacked down even further while the Rotation from Commons to JPS continues.
This will help the Jr. Preferred Conversion Ratio even more!!
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