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Re: navycmdr post# 750187

Sunday, 03/05/2023 7:49:11 PM

Sunday, March 05, 2023 7:49:11 PM

Post# of 796809
take immediate

action to resolve Treasury’s ownership based on the Preferred Stock Purchase Agreements with the goal of

allowing the GSEs to access the capital markets and to eventually exit conservatorship.

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works for me. very nice!

Warrants will be exercised and I expect the SPSPA to convert to common. Common thus have no security. Preferred will be made whole.