Replies to post #794393 on Fannie Mae-No Politics (FNMA)

[Fanatical Infidel]

Just to confirm if you held the FNF JPS and Freddie commons, up to the jury verdict date you are locked in for the awards? And going forward if you buy more Fre commons or FNF JPS, those shares will not be a part of the reward pool?

I don't believe this is correct. You can buy until final judgment is entered and we won't have that until the appeals process is exhausted...meanwhile interest continues to accrue.

In sum, the Court will award simple interest on the damage award of $299.4 million, accruing from the date August 17, 2012 until the date on which judgment is entered at a fixed rate of 5% over the Federal Reserve discount rate as of August 17, 2012.
https://casetext.com/case/fairholme-funds-inc-v-fed-hous-fin-agency-in-re-fannie-maefreddie-mac-senior-preferred-stock-purchase-agreement-class-action-litigations