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blownaccount9

04/13/24 1:50 PM

#791843 RE: imbellish #791841

It costs the government nothing. Fannie/Freddie set aside the funds to pay for this back in like Q3 2023 I believe. I’m guessing funds are sitting in a high yield account or short term gov bonds earning the interest they’ll likely have to pay out. They might have to add a little extra if they cannot earn the interest needed to pay us, but should be minimal relatively. Either way doesn’t matter to FHFA, treasury, lawyers, or any other entity. Shareholders are being fought with funds that shareholders should be entitled to…
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stoxjock

04/13/24 3:34 PM

#791845 RE: imbellish #791841

What /Why do they care? It is 'Our Own Money' that they are going to pay as 'Interest on Judgement award' anyway....