Replies to post #586675 on Fannie Mae-No Politics (FNMA)

[Lite]

What is your thoughts about the extra time given by Judge Sweeney? Some speculate settlement...

[HoldenWalker99]

Typically they don’t grant cert on the Monday after a conference. Denials only. You’ll have to wait a few more days.

[RumplePigSkin]

I hope they take it - finality is finality - prob delay a settlement if they do take it. If they don’t take the case then settlement may happen faster. I think the terms change across the board.

IMO, very generally speaking, the below provides 3 scenarios:

- SCOTUS accepts and FnF (via shareholders) wins = best FnF settlement terms with least dilution

- SCOTUS accepts and FnF (via shareholder) loses = worst FnF settlement terms with most dilution

- SCOTUS denies to hear = lower courts proceed = FnF probably good terms with some dilution

JPS friends - that’s your queue - root for a FnF loss at SCOTUS