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Replies to post #757691 on Fannie Mae-No Politics (FNMA)
JOoa0ky
06/15/23 8:48 AM
#757692 RE: Louie_Louie #757691
Contract claims mean jack squat in conservatorship! What is it that JPS holders do not understand about the term "FHFA conservator assumes all shareholders rights?" It does not say ONLY commons rights. They own the majority of preferreds (seniors) and commons, if warrants are exercised, therefore they can do to the JPS holders whatever they want.