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Re: Ici_cest_Paris post# 625006

Thursday, 08/06/2020 6:21:27 PM

Thursday, August 06, 2020 6:21:27 PM

Post# of 797183
That still can't be ruled, however unlikely it may be. It would be a very low percentage event, but still possible.

And for the record, I've said FNMA is worth $4-6 for the last 2 years.

Unless they initiate the Sr. Preferred Cramdown Plan. Then Commons are worth sub-$0.50.

SPS Cramdown is more likely than Receivership at this point.