Kthomp, oh Kthomp. How the F do you post replies to a dozen threads in split seconds? Are you a bot? Do you have multiple instances open (my guess), and then hit 'go' on all... weird, I'd say... oh well.
1. Coin - yes. 2. Too early? Sure - if appealled, then said buyer will get a bump and might sell 1/2 3. Great call on settlement? (which is it, then) Sure - FNMAS could go to $25 and it would be sad to have missed.
What is your ballpark on settlement on Friday. Sure seems to me that the govt.
1. FHFA - Asked for a delay on the verdict out of the box (signalling something in the works) 2. Lamberth grants a one-week delay, after giving them 1 week to come to a split of the damages. Even though F&F had some hard-and-fast estimates on each's losses per the damages and damages + interest for Fannie. They had it figured out a while ago. It ain't hard. 3. Lamberth grants a 3-day extension to Friday this week.
Multiple choice on "settlement" vs. simply giving SHs the gory details on damages + interest (i.e. R&R / LoA) a. < 1% (not happening) b. 10% c. 25% d. 50% or more
kthomp19, You (& others) have used the term "settlement." What could theoretically (or realistically) occur in this regard? Would it be settling for LESS than what the damage figures are? More? Less interest Fannie Mae JPS' are entitle to? More? PJI applied to Freddie Mac's JPS? In essence, what would both parties be 'settling', unless you believe it is more of an agreement/meeting of the minds on what has already occurred? TIA