Fannie Mae-No Politics (FNMA)

[Louie_Louie]

Have jps won those contract claims yet? No one handicapping it or even talking about it in jps land/board. The court case is all the rage with jps, yet none of you are discussing the implications. My guess is very few jps even know what their contract claims entails and are just hoping the mighty hedge fund lawyers are able to bully a federal judge.
I've read a few jps purchase contracts, I am no lawyer, but the contracts seem pretty cut and dry, not legally easy to challenge. I've read where many other preffered shareholders have challenged their contracts with other companies and lost. I have not read any legal papers about prefferred's winning,,hard to find.