Fannie Mae-No Politics (FNMA)

[kthomp19]

Collins et. al Plaintiffs know a favorable disposition of the Warrants has always been necessary to successfully recapitalize the corporations whose capital structure has been decimated by 8+ years of giving all their capital away for free to the UST.

Favorable to whom?

Treasury has the warrants, and they have no reason to give them up. Other than if they become superfluous in a senior pref cramdown, I guess.

So it makes perfect sense for a settlement, if any, to deal with the nws AND warrants, and do a consent decree within the next 51 days.

I disagree, because the warrants have nothing to do with what the Collins plaintiffs want.

The warrants need to be dealt with before capital can be raised, and probably before FnF can submit capital restoration plans. But they can wait until after the lawsuits are gone and the capital rule is finalized.

it is remotely possible, given the egregious governmental conduct here, that SCOTUS jettisions HERA in its entirety.

For sufficiently small values of "remote" I agree.