"After the SCOTUS decisions, what will be the next steps for the final outcome. Case goes back to lower court for ruling & how much of a delay is that ?"
Got to cut the chain to that giant anchor . . . . conservatorship. As long as it remains, we go nowhere!!!!
The final outcome will immediately be reflected in the share price, common and preferred as otherwise, people will buy-in on the already “known” end result, I still wonder why Fannie trades at $2.12, while just before the 5th circuit verdict, it traded @ $3.80