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ano

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ano

Re: bradford86 post# 713859

Tuesday, 03/08/2022 6:54:21 PM

Tuesday, March 08, 2022 6:54:21 PM

Post# of 793202
Something you might have missed is preferred:
in Fannie have a STATED value (NO PAR value)
in Freddie have a PAR value of $1.00

https://www.investopedia.com/terms/s/statedvalue.asp#:~:text=A%20stated%20value%20is%20an,no%20relation%20to%20market%20price.

besides the litigation preferred have no other legal interest other than the par value, because the dividend rights are suspended in conservatorship the only way to receive more than Par or no value is when the companies get re-listed and Fannie and Freddie Redeem the preferred stock and simultaneously issue new preferred


preferred can not be diluted in a restructuring