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Re: JosephS post# 624767

Wednesday, 08/05/2020 2:09:51 PM

Wednesday, August 05, 2020 2:09:51 PM

Post# of 797184
Agreed. If I were to help FNMA recapitalize, I wouldn't pay anywhere close to the current price. I would demand at least a 20% discount, maybe even 50%.

Those thinking that the New Money is going to pay more for something haven't reviewed any previous Recapitalizations / Restructurings.

A Rude Awakening is on the horizon for many Average Joes.


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