Replies to post #691111 on Fannie Mae-No Politics (FNMA)

[Wise Man]

It's called the Secret Plan. The restriction in the law has an exception B: to reduce the obligations with respect to shares or ownership interest (SPS)
So, FnF were repaying the obligations SPS under the guise of dividend payments to UST.

[JosephS]

Plz tell me about 2013-2019 SPS dividend distributions while in cship vs the junior preferred

I will wait here for the answer. Lol