Fannie Mae-No Politics (FNMA)

[stockanalyze]

wild cards
-libor settlement or triple recovery if goes to trial. huge. is someone here tracking the progress?
-cds insurance recovery in billions . not much idea on this.
but could these 2 add ~300 billions to the bottom line of fannie and freddie?
well the banks would go under if so happens, govt rather have fannie and freddie take the hit to save banks, as usual.
maybe they will allow it as it would provide adequate funds for affordable housing by declaring fannie and freddie overcapitalized. yes, all of a sudden as that is the only way out for affordable housing to make a real impact, not few billions.
or just a wishful thinking
triple aaa rating : haven’t done much in the past
lamberth: defense wants to prove they did everything and lost, so release them? or a wishful thinking? or they are going after the fact that rights of shares don’t travel in case of payout or settlement and investors who bought after net worth sweep knew it well. lamberth would not agree to this as he has ruled in the past that rights do travel with shares. don’t know. i assume 99.99% of those who bought pre net worth sweep have sold already. so govt gets to keep all of it and the plaintiff class action lawyers get zilch of their 30% payout.
just hope calabria, the architect of hera and screwing this up even more by asking exorbitant capital levels, hiding stress test , does not keep tweeting bs and trying to be relevant. hope they don't put another calabria like. the good news is scotus allowed to fire them in a whim