Fannie Mae-No Politics (FNMA)

[HappyAlways]

We won the Lamberth case already. The jury unanimously ruled that FHFA violated the law to allow the NWS. The compensation is $612M for the one day drop in share price. Judge Royce Lamberth is deciding the amount of prejudgment interest. We expect both sides may appeal. Anyway, this is our first win in over a decade. This is no more than an appetiser. We are all waiting for the main course to be served. The case is crystal clear an illegal taking of private property. Trump winning the election can be a game changer.