News Focus
News Focus
icon url

Doc.007

01/22/20 11:16 AM

#588417 RE: Donotunderstand #588414

Happy FNMA Investing !!

For Prefs To Know Call 877 317-7944



icon url

bcde

01/22/20 1:02 PM

#588435 RE: Donotunderstand #588414

"JPS are equity"

The meaning of equity is ownership in the company.

JPS do not have any ownership or voting rights in the company.

JPS are considered equity for the purpose capital only. It is just because of non-cumulative dividends.

JPS are basically fixed interest bonds but lower in preference to debt holders.