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Replies to post #745807 on Fannie Mae-No Politics (FNMA)

Replies to #745807 on Fannie Mae-No Politics (FNMA)
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Donotunderstand

01/24/23 3:12 PM

#745829 RE: The Man With No Name #745807

do not have

is that because the SR EQUITY PAPER =- Senior Preferreds - stand ahead of them in the waterfall ?

I assume that is it - and at LP math that is a ton of money