MEMORANDUM OF UNDERSTANDING FRIEDMAN, BILLINGS, RAMSEY GROUP, INC. (together with its subsidiaries, "FBR") and Fidelity Capital Markets, a division of National Financial Services Corporation ( "Fidelity") hereby set forth their current intentions to...Memorandum of Understanding • August 16th, 1999 • Friedman Billings Ramsey Group Inc • Security brokers, dealers & flotation companies
