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Monday, October 19, 2020 3:35:00 PM
Wouldn't it be silly to sell Jr. Preferreds that don't help recapitalize the GSEs?
It also means they would have to start paying Dividends immediately on all of the Jr. Preferreds, further depleting much needed capital from the GSEs
![frown](/images/emoticon05.gif)
I'm glad the GSEs have retained Advisors to help them so some of the FNMA Fantasy suggestions can be put to rest.
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