Replies to post #649202 on Fannie Mae-No Politics (FNMA)

[JOoa0ky]

But you should feel bad... because the juniors will get converted first and then cramdown happens immediately afterwards. Diluting juniors to oblivion along with commons.

Seniors are senior to juniors so the juniors go first.

[NobodyFromNowhere]

Mnuchin and Calabria out by Christmas just like Bill Barr