i would not believe everything here or on twitter, lots of speculation and lies, i have lost a lot of money and learnt. we have been wrong on each and every court case. the class action means nothing except in getting facts out as laws were broken with lies, perjury and 10000 docs hidden and continued sealed docs. they have dug themselves deeper and it must end at some point and no one knows.
there would not be a settlement. if fmcc is awarded, fnma would be too, maybe even larger as class action lawyers would give pennies to shareholders and keep all to themselves.
i would not trade based upon everything you read, just follow the law, laws were broken and no one is above the law.
the only solution is for defendants to lose court case, give up on its lies and return all the ill-gotten money with interest and penalty. it will happen , matter of time.