Fannie Mae-No Politics (FNMA)

[stvupdate]

Judge Lamberth released his decision today(see below). What would be the market reaction tomorrow?
In sum, the Court will award simple interest on the damage award of $299.4 million,
accruing from the date August 17, 2012 until the date on which judgment is entered at a fixed
rate of 5% over the Federal Reserve discount rate as of August 17, 2012. The Court will order the
parties to submit final damages calculations in accordance with this Opinion.
CONCLUSION
For the foregoing reasons, the Court will GRANT in part and DENY in part Defendants’
motion for denial of prejudgment interest, and it will GRANT in part and DENY in part Plaintiffs’
cross-motion for entry of judgment with prejudgment interest