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@IndependentFHFA "@HoldenWalker99 @MiddleMgmt1 Exactly. lots of decisions to be made and right now PAR is not at a premium relative to divs. Div resumption already getting priced on a relative basis across all series. $fmccs $fmccp $fmcct $fmckp $fmcco yeilding a lot more than $fmckj at the moment of divs resume"
@IndependentFHFA on X 2025-07-15 23:46:06 UTC 1444 followers, XX engagements

"@pulte And that the interest owed by Fannie and Freddie on the preferred shares owned by pensioners is paid to them"
@IndependentFHFA on X 2025-07-28 02:41:00 UTC 1447 followers, XXX engagements

"Anyone following the flows into Fannie and Freddie will note it looks like $fnma has flowed into $fnmas and is now flowing into $fnmah $fnmaj. Next step will be flow into $fmccs and the other Freddie floaters as they are now relatively undervalued (substantially so)"
@IndependentFHFA on X 2025-07-15 18:32:49 UTC 1446 followers, 1549 engagements