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Saturday, 10/19/2019 11:46:02 AM

Saturday, October 19, 2019 11:46:02 AM

Post# of 793295
https://www.insidemortgagefinance.com/articles/216144-what-were-hearing-talk-of-a-gse-legal-settlement-using-consent-decrees-goldmans-new-prime-non-agency-mbs-fannie-exec-departs-for-industry-vendor

The Treasury Department is weighing a legal settlement
with the junior shareholders in Fannie & Freddie stock.

At least that was one rumor making the rounds this week
in both New York and Washington.

One veteran MBS source said talks between these investors
(who sued the government over the quarterly profit sweep)
have taken on a new urgency ever since the Trump White House
released its housing-finance reform blueprint in early Sept.

By the way, we ran the settlement rumor by a very large GSE
(preferred) shareholder who did not respond to our inquiry…