Monday, May 15, 2017 9:22:13 AM
Once this happens, the time is ripe to extinguish all obligations to Gov including nws, warrants etc... If Conservator/tsy exercise their authorities to extinguish all obligations to Gov following FSSA/HERA then FnF will be left with more than $200B capital. FnF do not need to be further recapitalized and also FnF will not need any Gov assistance in foreseeable future.
With this, all cases against FHFA/TSY become moot and most shareholders will opt for voluntary dismissal of their cases. Remaining cases can be settled or courts will decide them.
This seems to be possible happy ending for FnF stakeholders.
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