Fannie Mae-No Politics (FNMA)

[blownaccount9]

You didn't read what I said?

Further lawsuits from the companies against the government. You know, lawyers on behalf of FF.

"Lower courts agreed with the government that the shareholders lacked the right to sue because their lawsuits amounted to an allegation that the companies had overpaid the Treasury, and only Fannie and Freddie could sue to recover that money."

^basically creating lawsuits like this.

The entire premise is to secure end to conservatorship companies agree to warrant exercise and agree to give up further claims such as the one I posted above in exchange they write down liq pref and agree that senior preferred are paid in full from $$$ taken previously.