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Re: Wingsjr post# 850456

Wednesday, 10/29/2025 5:52:03 PM

Wednesday, October 29, 2025 5:52:03 PM

Post# of 867828
Treasury can't force a conversion, but Pulte can certainly offer it wink

SPS will be Converted to Commons. It's only a question if they do it before or after they execute the Warrants.

If it's the latter, look out below. Either way, it's going to be painful for FNMA Commons.




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