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JOoa0ky

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JOoa0ky

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Monday, 08/03/2020 8:01:46 PM

Monday, August 03, 2020 8:01:46 PM

Post# of 796815
Senior cram down is off the table as per FHFA.

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/Stock-Cert/Third-Amend-FNM-Stock-Cert-as-amended_09-30-2019.pdf

"6. No Conversion or Exchange Rights
The holders of shares of the Senior Preferred Stock shall not have any right to convert such shares into or
exchange such shares for any other class or series of stock or obligations of the Company"
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