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Re: navycmdr post# 770994

Sunday, 10/15/2023 4:30:14 PM

Sunday, October 15, 2023 4:30:14 PM

Post# of 798179
dave stevens talked about the gses buying mortgages to cut the spread between agency mbs and treasuries on cnbc. it's time for some serious consideration on what that means and what can be done and how to do it.

Warrants will be exercised. Common lack dilution protection against SPSPA being converted.. Common thus have no security. Preferred will be made whole.