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Re: FFFacts post# 637469

Tuesday, 10/20/2020 4:59:16 PM

Tuesday, October 20, 2020 4:59:16 PM

Post# of 796308
Agreed. Without SPSPA Amendment, there's no GSE Recap and FNMA Commons remain near worthless.

A Jr. Preferred to Common Conversion is also likely going to be necessary to flatten the capital stack prior to the re-IPO.

Thankfully, we're nearing the end of the tracks. Soon we'll see whose guesses were right and whose were wrong wink


Bove:


Congressional Budget Office: