Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,108.40
(
-0.41%
)
US TECH 100
26,302.40
(
0.94%
)
Dow Jones
49,310.32
(
-0.36%
)
Brent Oil
99.83
(
-1.35%
)
Bitcoin
78,219.65
(
-0.07%
)
News Focus
News Focus
Post# of 867129
Next 10
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

burlingame

Send PM Follow Ignore
Followers 2
Posts 43
Boards Moderated 0
Alias Born 05/12/2019

burlingame

Re: kthomp19 post# 823071

Sunday, 04/06/2025 9:52:44 AM

Sunday, April 06, 2025 9:52:44 AM

Post# of 867129
kthomp19 - what are your thoughts on Michael Kao's thesis that SPS have become the fulcrum security, given that by the time the GSEs exit, SPS will amount to more than the entire market cap of the GSEs? As he argued, the standard recap playbook is to offer special deals to junior security holders that require them to pay up 1:1 in order to partake in recap.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Detailed Quote
Recent FNMA News
More FNMA News