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Re: kthomp19 post# 536320

Tuesday, 06/25/2019 11:33:21 AM

Tuesday, June 25, 2019 11:33:21 AM

Post# of 793511

In terms of total victory, none. Collins could be the first. But that's not the point. As long as the cases remain outstanding the recap cannot start. That's where the junior-holding plaintiffs' leverage comes from.



kthomp19,
I have been repeating the impossibility of recapitalization under conservatorship. If today WH and fhfa end conservatorship, then most of the law suits will go away. After Release recapilization can be done over a period of time using many different options.

There is no way JPS holders can settle any law suits with Gov and even then there is no way to recap fnf still under Conservatorship.