Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

3q22 Fannie Mae 10q: "The jury in this trial was not able to reach a verdict and the judge declared a mistrial on November 7, 2022. We expect
the court to set a new trial date. In the trial, plaintiffs requested $779 million in damages from Fannie Mae and
prejudgment interest on the amount of any damages. We estimate that prejudgment interest, if awarded, would be
calculated at a rate of 5.75% and expect plaintiffs to seek such interest from August 17, 2012. Prejudgment interest
calculated from August 17, 2012 through September 30, 2022 based on the amount of damages plaintiffs requested
would be approximately $450 million. The ultimate amount of prejudgment interest awarded, if any, would be impacted
by the amount of damages awarded, the date from and through which interest is calculated, and other determinations
by the court. At this time, we do not believe the likelihood of loss is probable; therefore, we have not established an
accrual in connection with these lawsuits. However, it is reasonably possible that the plaintiffs could ultimately prevail in
this matter and, if so, we may incur a loss up to the amount of damages discussed above and any related interest."