Lehman Brothers Financial SA (LEHNQ)

[SwissCheeseAccount]

LBHI is also pursuing materially smaller claims against a significant number of mortgage sellers and brokers outside of the litigation, subject to the Amended Alternative Dispute Resolutions Procedures Order [Docket No. 59085 in Case No. 08-13555] entered by the Bankruptcy Court on November 18, 2018. As of March 20, 2020, LBHI has settled with 150 of these parties.

docket 59085 -

LBHI holds contractual claims for indemnification and/or reimbursement against
approximately 6,200 counterparties (the “Sellers”) involving more than 70,000 mortgage loans by
virtue of settlements between (i) LBHI and the Federal National Mortgage Association [Docket
No. 42153], and (ii) LBHI and the Federal Home Loan Mortgage Corporation [Docket No.
42754], this Court’s estimation of certain RMBS Trustees’ allowed claim in LBHI’s bankruptcy
[Docket No. 57785] and the allowance of certain RMBS Trustees’ claims that were settled in the
ordinary course of business (the “Indemnification Claims”)

6200-150= 6050

sheesh!!!!!