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Commons_Cancelled

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Commons_Cancelled

Re: JosephS post# 648409

Wednesday, 12/02/2020 3:56:20 PM

Wednesday, December 02, 2020 3:56:20 PM

Post# of 796073
Wondering if FNMA will even Pop on PSPA Amendment.

It seems the good news is already baked in. The market is figuring this out today.

PSPA might be a "Sell the News" moment for Commons since Jr. Preferreds will then move into first position.

I would expect Jr. Preferreds to be at 50% of Par or higher on PSPA news.



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