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Robert from yahoo bd

08/19/22 11:35 PM

#729412 RE: Guido2 #729411

Nice! From the latest filing: "Had there been no Net Worth Sweep, the GSES would have fully repaid Treasury, with interest many years ago."
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Clark6290

08/19/22 11:54 PM

#729413 RE: Guido2 #729411

Glenn always posts factual GSE news, no Barami Candels or coffee emojis, just the facts with no agenda
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M I A

08/20/22 12:35 AM

#729416 RE: Guido2 #729411

Just read it. BRING IT ON! L F G!
Thanks for posting gb link.
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Hvp123

08/20/22 9:41 AM

#729430 RE: Guido2 #729411

VIL.
PLAINTIFFS' ITEMIZATION OF DAMAGES
Plaintiffs claims total damages in the amounts as set forth below:
1. Plaintiffs seek expectancy damages arising from Defendants' breaches as a result of the Net Worth Sweep based on Fannie Mae's and Freddie Mac's realized performance up to the second quarter of 2021 and projected performance thereafter. This method seeks to measure the net present value of future dividends that Fannie Mae and Freddie Mac shareholders would have earned but for the Net Worth Sweep based on Prof. Mason's conservative assumptions. Under this method of expectancy damages, assuming no periodic commitment fee, damages are $10.321billion for owners of the Fannie Mae Preferred, S5.887 billion for owners of the Freddie Mac Preferred, and $11.002 billion for owners of the Freddie Mac Common. In a scenario where the Court determines that a periodic commitment fee would have been imposed, damages are $9.357 billion for owners of the Fannie Mae Preferred, $5.337 billion for owners of the Freddie Preferred, and $9.288 billion for owners of the Freddie Mac Common.'