Fannie Mae-No Politics (FNMA)

[jeddiemack]

i get it...

but really, think about it.

how else is the government going to resolve ALL the pending / threatened litigation associated with this mess and put all the issues at rest?

1. Bankruptcy... hmmm... that's really no longer an option now is it?
2. Receivership ... see 1 above.
3. Resolve litigation pending / threatened and potential new actions??
not really a good idea, hard to get all things done at once. creates a time delay of months or years. And just canceling the sweep today doesn't really address damages nor settle all the claims.

4. Class action settlement. So, they'd need to allow the plaintiffs to ammend the complaint, not object and then settle it by agreement and have the judge approve it. yes, it'll probably take 12-18 months for it to occur... thru payouts, etc. but how else to make this mess truly go away? and build some confidence?



Think end game and