Fannie Mae-No Politics (FNMA)

[obiterdictum]

What does this mean for us shareholders, Obit can you chim in please

1. A substantial answer or informed opinion cannot be made from a court docket blurb - https://investorshub.advfn.com/uimage/uploads/2019/12/6/kslseSweeney_docket_447.JPG.

Judge Sweeney's order is insufficient for that. Judge Sweeney's reasoned opinion also needs to be clearly known and understood.

2. Before Judge Sweeney in the US Court of Federal Claims there are 12 cases with similar and dissimilar direct and derivative claims from both common and/or preferred shareholders as named plaintiffs and putative, uncertified class plaintiffs. Without knowing Judge Sweeney's opinion, which reveals why and how the order was made to dismiss direct claims and to allow some or all of the derivative claims made by both common and/or preferred shareholders, it is not possible to accurately ascertain what this order means for "us Shareholders."

3. And who are "us shareholders"? Named plaintiffs? Putative class plaintiffs? Shareholders who are neither named plaintiffs nor possible class plaintiffs? One of these, two of these, all three?

4. In general, dismissal of direct claims means any damages that may have been awarded at the conclusion of a bench trial or those made in a possible pre-emptive settlement will not be directly awarded to any shareholder.

5. In general, allowing the derivative claims to continue means that damages may be awarded to the GSEs if at the conclusion of a bench trial Judge Sweeney decides, in part or whole, that the Plaintiffs win against the Defendants arguments or vice versa. If there is a pre-emptive settlement, what can one imagine will be the result? If damages are awarded to the GSEs in what amounts and/or in what manner will damages (or no damages) be addressed by the Court and Parties for the GSEs and how would this benefit or hurt shareholders? This information is currently unknown and so what can be said with certainty? Nothing certain can be stated, and so instead, there will be speculation.

6. Considering the above, the docket blurb means direct claims and direct payments to shareholders are no longer to be considered in the US Court of Federal Claims. The order allowing derivative claims means substantially little in particular for shareholders, whatever type they may be, at this moment in time. First of all, Judge Sweeney's currently sealed opinion needs to be known and understood.

Judged Sweeney's reasoned opinion, which will be revealed in part sometime after the Parties redactions are submitted on 12/16/2019, will provide an inkling of what the outcome of a bench trial or potential settlement will look like for shareholders. The redacted opinion will then be the material for those doing the usual armchair speculations until Judge Sweeney's final order and opinion are submitted for the record.