Read the filing carefully ... the contentions appear to be around some technicalities less concerned with overturning the ruling than with what appears to me to be a further delay tactic until Pulte has time to get the GSEs houses in order as well as the wider plan for release ...
think about it - Fannie and Freddie are on the hook for the payments; Pulte is in the midst of a massive clean-up and efficiency effort aimed at profitability to put the companies in the best possible light for release and relisting (there should be NO dispute that release and relist WILL happen - the dispute is over who will benefit more or how much each benefits - shareholders or government or both); holding off ANY large payments supports Pulte's goals (overall in the long run it supports shareholders as well); in the end if they are aiming at a release, relist, and some - hopefully modest capital raise - holding off this monetary jury award could be part of the package that benefits shareholders better than the immediate miniscule payout ...
thinking outloud here: if they do have beneficial shareholder actions in mind - when they have their ducks in a row for release, could it be they acknowledge the court loss as supporting wider cancellation of SPS and much lower warrant exercise? After all, the more damaging part of the ruling is the 8-0 breach - not the dollar value awarded; however, in the short term the dollar value is better kept in the GSEs coffers ... I don't want pennies on the dollar, do you?
Market Data 
Markets 
AI
