Risk Factors Update Summary
- Addition of "risk factors" and "before investing" to emphasize the importance of considering risks before investing.
- Disclosure of the potential adverse effects if approvals with government-sponsored entities are lost.
- Inclusion of specific risks related to disruptions in access to bank deposits and lending commitments.
- Addition of the importance of maintaining financial covenants with government-sponsored entities to prevent breaches.
- Addition of the potential adverse effects of changes in interest rates or U.S. monetary policies on the business.
- Material addition regarding the impact of changes in organizational or pricing changes of U.S. government-sponsored entities.
- Disclosure of the potential adverse effects if GSEs' operations are discontinued or undergo significant changes.
Full Text Changes in Most Recent 10-K
Intended use: review the highlighted statements. These are additions to the risk factors disclosure in the most recent 10-K filing compared to the previous 10-K filing. Deleted and moved text is less important and is shown for context.
To view the full company filings, click on the following link to be taken to the SEC EDGAR database landing page for the company: https://www.sec.gov/edgar/browse/?CIK=1821160&owner=exclude
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