Fannie Mae-No Politics (FNMA)

[rekcusdo]

"Now, for part 2... could any scenario develop where government might simply concede the warrants? Sure, I suppose that is possible. But I think any settlement has been rendered a near impossibility because the litigation playing field has become so engorged with so many plaintiffs and legal teams with conflicting agenda's that they will never agree on a lone "deal" for everyone. So I think this was possible awhile back, but now is just a pipe dream. "

I agree.

"There is going to be no document produced from any further discovery release that proves no bailout was needed. There could be dissenting views uncovered. But, at the end of the day, the government is not going to admit they just made everything up to steal anyone's Fannie. "

This is supposition. There are still NEW lawsuits available that could easily lead to such discovery. We have had no legitimate (chance of winning) suit against the original contract as of yet. And even on the suits that do exist, until HERA is figured out by the Supreme Court, it is impossible to say what discovery will or will not appear down the line. I don't, of course, think that the the government "made everything up to steal anyone's Fannie"...but it would easily be possible, and has occurred countless times in the past, where a mistake was made and there are actions taken to cover up the mistake. Discovery COULD uncover that...who knows though, really.