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bradford86

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bradford86

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Thursday, 04/27/2023 10:06:35 AM

Thursday, April 27, 2023 10:06:35 AM

Post# of 800586
It's over!!! recap coming:

From David Stevens:
The GSE’s are far too critical to housing and for the first time I am beginning to lean into the idea that perhaps recap and release without congressional reform may be a superior outcome to what seems to me to be a more politicized environment of over-site of these two very important companies.

In the end, I realize this issue is over, and I do not want to feed the political response any further. I just ask my housing brethren to help by insuring that we maintain the integrity of these two very important institutions.

https://www.linkedin.com/pulse/final-comments-llpa-changes-david-h-stevens-cmb/?trackingId=GN8rXU6UTNuwpjbBmWmVYg%3D%3D

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

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