InvestorsHub Logo
Followers 271
Posts 8061
Boards Moderated 0
Alias Born 02/14/2009

Re: None

Friday, 09/01/2023 11:39:23 AM

Friday, September 01, 2023 11:39:23 AM

Post# of 800845
https://news.yahoo.com/brainard-deputy-portfolio-housing-markets-212718138.html
There’s hasn’t been anyone at nec or UST to even look at this to date - now one of those boxes has been checked. Plus, he is familiar with the GSE situation.

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