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MannSinger

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MannSinger

Re: None

Thursday, 05/02/2024 4:21:46 PM

Thursday, May 02, 2024 4:21:46 PM

Post# of 796900
3R or pay $1.5B fine with upcoming FNMA common lawsuit

For both JPS & FMCC common, total fine plus interest is $900M. If you add FNMA common in future lawsuit, GSEs have to pay $1.5B.

Why would they pay $1.5B? They can just do 3R. That makes everbody happy.
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  • 1D
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