Replies to post #791168 on Fannie Mae-No Politics (FNMA)

[tm3141]

why the libor week is so important?

[Wise Man]

The last date in the Scheduling Order: January 2025.

Next week is Libor week.

We are heading to a trial, in order to get treble damages.
The banks are eager to settle this case at a fraction of the $3B in losses incurred by FnF.
There won't be any settlement whatsoever.