Replies to post #767577 on Fannie Mae-No Politics (FNMA)

[RickNagra]

Oh wow. Great information. Thanks.

[Patswil]

Awesome Navy

Any idea how long after next Monday it will take?

[Ace Trader]

So after the 18th, we still wait until the court decides it? How long is that going to take is anyones guess! But from Hamish's email seems like they are onboard with the amount of settlement.

Quote:
After it is fully briefed, we will just be waiting for the court to decide it.

[bradford86]

You should ask him about fnma commons and if they should expect to see a single penny from this. Maybe you will learn that they are not a party to this lawsuit and will get nothing.

[Donotunderstand]

Thank you sir

[Wise Man]

Navy Hedge Fund once again acting as spokesperson for the corrupt attorneys.
The informaton about the scheduling in the Lamberth court was already made public on August 31.

So, we already knew that next Monday, it's scheduled a brief.
The attorneys want to pass the delay in the judgment as a period of discussion about the prejudgment interests, when the reality is that the judge doesn't have to hear from the parties on this issue and they attempt to cover up that the delay was caused by the ORAL MOTION TO DEFER ENTERING JUDGMENT by the FHFA's Wall Street attorney on the verdict-day.

This is because he realized that the payment of this Securities litigation judgment is restricted when FnF are undercapitalized in the famous FHEFSSA's Restriction on Capital Distributions, as the FHFA added this item to the definition of capital distribution through the 2011 Final Rule in the 12 CFR §1229.13, and authorized in the law to do it.
Thus, the FHFA's attorney sought to keep this restriction from the public with the delay, that would have exposed that capital distributions are also dividends and today's gifted SPS as compensation to UST in the absence of dividends (read the definition posted above), and the Separate Account plan would have had to be unveiled, that is using the exceptions to this restriction (reduce the SPS and recapitalization) to comply with the FHFA-C's Rehab Power.

[Ace Trader]

I wonder how the Gov will approach there Appeal ?? What angle do you think they will take ? Surly they will appeal or will they think well it's FnF paying not us in the wrong so let them, it will slow down the capital Rise anyway!!!