Replies to post #674462 on Fannie Mae-No Politics (FNMA)

[Donotunderstand]

rank prior

what about that sentence puts common and JPS ahead of Senior Equity Paper held by GOV

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prior !! as in above or as in first or as in head of them in line

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[Chaser13]

The Sr P shall RANK or be above, take precedence, be on top of, have a better place in line, have superior standing PRIOR or come before, be placed before, or be placed in a line ahead of, common shares. Come on man. It's really basic English. Do you think all of a sudden you found the Holy Grail and no one else knows about it? Right now Sr P still has the first place in line. Cat man is trying, but will fail, to screw us SH every way possible. Doesn't surprise me. Every single pick from that bloated con man was chosen to tear down and destroy anything good in the USA. In this case the ability to let common folks buy homes via FNMA/FMCC. They want us all to be renters paying the overlords. Not going to happen. In less than 60 days the attempt will end. So it is written...so it shall be done.