Replies to post #594988 on Fannie Mae-No Politics (FNMA)

[Golfbum22]

nice post

but whose lawyers are in control here for the gov't?

I thought it was treasury's lawyers,

if it's FHFA's this is great news.

But also didn't Cat man do nothing say the lawsuits would go away if they just got rid of the same 3 things Thompson said? NWS/liq pref/30 billion tax credit.

this is all so confusing. JKing. lmao

serious about whose lawyers though? thx

[navycmdr]

[Wise Man]

Fake news.There aren't negotiations with an unconstitutional agency.

[Donotunderstand]

wow
I only wish we could believe that FHFA wants to move faster

All we can believe is

They remain adversaries in court - each day

They let us keep money but run the tab higher and higher

And on capital ratio or whatever - silence

[camaro4me]

Wonder what the gov't lawyers think of FHFA hiring another set of lawyers to negotiate?


FHFA to speed up shareholder negotiations

Posted with permission from Todd Sullivan:
http://www.valueplays.net/2020/02/28/subs-fhfa-is-looking-for-lawyers/
FHFA is looking for a law firm. The backstory that I am hearing is that they are not satisfied with the current pace of negotiations with shareholders. As we’ve said many times before, with the litigation outstanding, there is no way the GSE’s can emerge from conservatirship.

Here is the solicitation: https://valueplays.net/wp-content/uploads/RFP-FHF-20-R-0029.pdf

Scope of work: https://valueplays.net/wp-content/uploads/Attachment-A-Statement-of-Work.pdf