Fannie Mae-No Politics (FNMA)

[big-yank]

We came close to a settlement awhile back, but too much was revealed in the Twiiterverse and blogosphere and it all fell apart, or so I believe, anyway.

Now we have Documentgate adamancy building a wall of resentment that will likely only result in a scorched earth impasse that will preclude any handshake resolution.

The only settlement opportunity, now, is when the $$$ runs out and a receivership is set in motion. Too many plaintiffs with too many complaints and too many demands to satisfy without busting the UST.

JMHO.