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LuLeVan

11/14/23 2:12 PM

#774433 RE: EternalPatience #774428

If the payouts for the JPS are withheld, prejudgment interest must be paid until recap/release occurs. That would be a hidden reinstatement of a 5.75% "pro forma dividend" - even if only on the damage award.

Great news for JPS.
Bullish
Bullish
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JOoa0ky

11/14/23 2:19 PM

#774436 RE: EternalPatience #774428

The most recent FnF earnings, both fannie and freddie already wrote in the Lamberth payout as a loss. Otherwise... their net worth would've been higher this quarter.