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Doc.007

01/22/20 7:41 AM

#588381 RE: Doc.007 #588332

JPS are Junior Subordinated Debt !!

Prefs are Subordinated Debts !!

Prefs are Bonds Like as Debts, Not Stocks !
Just Because Also Traded At OTC Means Nothing.

This Is The Definition of Experts !!

Sure Not Everybody Will Accept This, But The Realities Cannot Been Changed.

Happy FNMA Investing