Sunday, April 03, 2022 8:29:57 AM
I have FNMA commons and since they are currently excluded, the option to sue similar to the plantiffs on this class suit will still be an option for the FNMA common group.
Class actions rarely work well for the larger class group and only the key plantiffs and lawyers usually make out. So I want the ability to keep my options open.
There was talk a ways back when Mnuchin changed things, that there was a 5 billion amount put aside for lawsuits...wondering if this is what it was for. If it is this, you can calculate 5 billion accross all the freddie commons and JPS and the fannie jps. Even though I am currently unsure of the combined number of all those shares, Pay out based on that total would most likely be miniscule after lawyers and key plantifs extract their pay out.
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