Replies to post #439439 on Fannie Mae-No Politics (FNMA)

[CatBirdSeat]

“They will not be able to raise capital in the open mkt without dealing with pref shareholders first.”

Not true. Impac Mortgage Preferred Holders understand this very well.

Preferred holders are generally long term, and willing to wait.

The companies are not required to deal with the preferred shareholders out of the gates.