When FHFA replaced the 10% annual interest by a take-all-profit-as-interest clause, FnF's future became unpredictable. FHFA was getting unreasonable or was trying to manage the over-speculation to FnF stocks ? They have every legal right to do that. But, it is not not fair to the share holders who owned FnF stocks at $60-$70 ?
To reduce the potential disputes, it will be (A) to buy out all common & preferred shares so that there is no more public interest to address. Or, (b) go 100% public and let the market decides the true value in the long run. GLTA.
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