Fannie Mae-No Politics (FNMA)

[SREZ]

AceTrader,
That was IN DEPTH reporting?
There were emails/texts introduced today that show internal memorandum between Treasury officials the gist of which said, 'F&F are going to report record rebound earnings, we should therefore not delay on the Net Worth Sweep.'
There was also a LOT of argument about damage models.
Lamberth will rule if these emails/texts will be permitted tomorrow (today).
There were a lot of emails/texts like this that shockingly could be used as 'hearsay' and if can believe this, not admitted.
Bottom line, nothing will come $$$ from FHFA &/or Treasury, so there is no huge pressure to settle except t save the USG embarrassment.
Hopefully, that might be enough.
TAGL