Fannie Mae-No Politics (FNMA)

[Golfbum22]

I finally just listened to Investors unite Lawyer Thompson 30 min call...

https://investorsunite.org/wp-content/uploads/2020/01/1-24-IU-Teleconference-Audio.mp3

There is some good stuff in here. Everyone should listen.

1) It appears that Scotus will go to last 2 weeks of June for Selia case ruling then our case will get attention within a week of that ruling. Thompson said Scotus will decide...
grant
deny
or GVR and this is what Thompson expects will happen. 2 issues include CFPB and NWS.

2) Collins remand to Texas is not stay with Scotus delay. Thompson said things are moving forward with this remand.

3) Lambreth is moving forward and Treasury tried to no give emails, but court ordered it. Thompson will be taking depositions feb/march with persons involved-very interesting.

4) Sweeney is going to take some time, but by year end her court will need to affirmed by upper court that she is proceeding ok as to procedure. Thompson said this case is the most damaging obviously to the gov't with 125 billion already mentioned in damages.

5) Thompson said if gov't settles 2 ways to do it
come to him or
just do it administratively by canceling Liquidation pref and NWS, then giving a 30 billion plus tax credit and this essentially gets rid of all the cases. (not sure about Wash. case)fyi

This pretty much sums it up.

So the next question is what catalyst gets either of these in motion? probably Supreme Court late June/early July.
other question is will gov't have enough time in July/August whatever to get this done and stick before election that could change who is in power.

Any good ideas/comments would be very helpful. TIA