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Re: A deleted message

Sunday, 09/03/2023 3:33:41 PM

Sunday, September 03, 2023 3:33:41 PM

Post# of 799436
no clue what bernie stands for --- but fannie i think would be hitting net worth limits that would force recap and release around 2025 and freddie by 2027 by retained earnings alone

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