BOOM. The Book Value or Common Equity per stock, rises to $125 in FMCC and $91 in the case of FNMA.
It's been excluded recently the claim on $4 billion in interests owed to FnF.
It's the minimum amount required in the case of a Taking by the UST. A fair value adjusted for all the Securities Fraud violations and for the Separate Account plan. Just imagine that there has been no dividend to UST and no SPS increased for free, which is what should have happened.
In the case of Charter revoked, the UST refund rises slightly to $129.4 billion, from $129B.
With respect to the comments of FnF about the court cases, the securities of FnF are registered securities under the Exchange Act, and thus, subject to its reporting requirements. One of those requirements is to inform about everything surrounding the companies that affect the stocks. Even if one lunatic files a lawsuit seeking damages for the stock price decline one day. Every insignificant detail, would appear in the quarterly SEC filings.
So, no big deal when FnF mention the corrupt litigation from the hedge funds in the Lamberth's court.
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