We are waiting to see what the Debtors do after the April 3, 2014 5th distribution because of conflicting data. Back in January 2014 the news reports stated that Fannie would receive 25% of their claim. Well, Fannie will receive 25.22% on April 3, 2014. Will Fannie receive more than 25% in September 2014? (Pump or Dump) We must wait and see if the January 2014 Fannie news report was a lie because class 7 will hit 25.22% on April 3, 2014. Will class 7 receive more distributions? (Pump or Dump or Wait)
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Fannie to get about $537M in deal with Lehman The Associated Press 8:12 p.m. EST January 23, 2014Failed firm's settlement over soured mortgage securities must be approved by federal bankruptcy judge. Fannie Mae headquarters in Washington.(Photo: Karen Bleier, AFP/Getty Images)
COMMENTEMAILMOREWASHINGTON (AP) — Lehman Brothers Holdings has reached a settlement with Fannie Mae that would allow the mortgage finance giant to recover about $537 million for its claim against the estate of the failed Wall Street bank over soured mortgage securities.
The settlement announced Thursday must be approved by a federal bankruptcy judge. It valued Fannie's claim over home loans and mortgage securities it bought from Lehman before the financial crisis at about $2.15 billion. But under Lehman's bankruptcy proceeding Fannie would get about 25% of that.
A Fannie official called it a fair outcome.
Fannie and sibling Freddie Mac were rescued by the government in a $187 billion bailout after they were hit by massive losses on high-risk mortgages.
Lehman's bankruptcy was the biggest in U.S. history.
Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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Class 3 Senior Unsecured 6.023822% 3.814592% 4.973258% 5.741091% 6.371619% 26.924382% Class 4A Senior Affiliate Claims 4.621059% 3.115203% 3.931802% 4.663943% 5.063561% 21.395568% Class 4B Senior Affiliate Guarantee 4.511537% 3.044562% 3.843169% 4.558564% 4.951264% 20.909096% Class 5 Senior Third-Party Guarantee 3.609229% 2.435579% 3.076315% 3.647317% 3.961836% 16.730276% Class 7 General Unsecured 5.655426% 3.574822% 4.658111% 5.370294% 5.968194% 25.226847% Class 8 Derivative Affiliate / Affiliate Guarantee Claims 4.252663% 2.875433% 3.616655% 4.293147% 4.660136% 19.698034% Class 9A Third-Party Guarantee Claims other than those of the RACERS Trusts 3.402130% 2.300346% 2.893324% 3.434517% 3.728109% 15.758426% Class 9B Third Party Guarantee Derivatives RACER's 2.069274% 1.399137% 1.759803% 2.088973% 2.267544% 9.584731% Class 10A Subordinated Class 10A Claims N/A (2) N/A (2) N/A (2) N/A (2) N/A (2) N/A (2) Class 10B Subordinated Class 10B Claims N/A (2) N/A (2) N/A (2) N/A (2) N/A (2) N/A (2) Class 10C Subordinated Class 10C Claims N/A (2) N/A (2) N/A (2) N/A (2) N/A (2) N/A (2)
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Added to FavoritesDictionary Thesaurus Word Dynamo Quotes Reference Translator Spanish Log In Sign Up Premium Introducing a cool new way to learn!lie Use Lie in a sentence lie1 /la?/ Show Spelled [lahy] Show IPA noun 1. a false statement made with deliberate intent to deceive; an intentional untruth; a falsehood. Synonyms: prevarication, falsification. Antonyms: truth. 2. something intended or serving to convey a false impression; imposture: His flashy car was a lie that deceived no one. 3. an inaccurate or false statement; a falsehood. 4. the charge or accusation of telling a lie: He flung the lie back at his accusers. verb (used without object), lied, ly·ing. 5. to speak falsely or utter untruth knowingly, as with intent to deceive. Synonyms: prevaricate, fib. 6. to express what is false; convey a false impression. Relevant Questions What does lie mean?What is a lien?What does lay mean?What does in lieu of mean?What is the difference between lie and lay?What are synonyms of lie?What does lie mean?What is the difference between lie and lay?What does lay mean?What is a lien? verb (used with object), lied, ly·ing. 7. to bring about or affect by lying (often used reflexively): to lie oneself out of a difficulty; accustomed to lying his way out of difficulties. Idioms 8. give the lie to, a. to accuse of lying; contradict. b. to prove or imply the falsity of; belie: His poor work gives the lie to his claims of experience. 9. lie in one's throat / teeth, to lie grossly or maliciously: If she told you exactly the opposite of what she told me, she must be lying in her teeth. Also, lie through one's teeth.
Origin: before 900; (noun) Middle English; Old English lyge; cognate with German Lüge, Old Norse lygi; akin to Gothic liugn; (v.) Middle English lien, Old English leogan (intransitive); cognate with German lügen, Old Norse ljuga, Gothic liugan
Synonym Study 1. See falsehood. Dictionary.com Unabridgedlie2 /la?/ Show Spelled [lahy] Show IPA verb (used without object), lay, lain, ly·ing. 1. to be in a horizontal, recumbent, or prostrate position, as on a bed or the ground; recline. Antonyms: stand. 2. (of objects) to rest in a horizontal or flat position: The book lies on the table. Antonyms: stand. 3. to be or remain in a position or state of inactivity, subjection, restraint, concealment, etc.: to lie in ambush. 4. to rest, press, or weigh (usually followed by on or upon ): These things lie upon my mind. 5. to depend (usually followed by on or upon ). 6. to be placed or situated: land lying along the coast. 7. to be stretched out or extended: the broad plain that lies before us. 8. to be in or have a specified direction; extend: The trail from here lies to the west. 9. to be found or located in a particular area or place: The fault lies here. 10. to consist or be grounded (usually followed by in ): The real remedy lies in education. 11. to be buried in a particular spot: Their ancestors lie in the family plot. 12. Law. to be sustainable or admissible, as an action or appeal. 13. Archaic. to lodge; stay the night; sojourn. noun 14. the manner, relative position, or direction in which something lies: the lie of the patio, facing the water. Synonyms: place, location, site. 15. the haunt or covert of an animal. 16. Golf. the position of the ball relative to how easy or how difficult it is to play. Verb phrases 17. lie by, a. to pause for rest; stop activities, work, etc., temporarily. b. to lie unused: Ever since the last member of the family died, the old house has lain by. 18. lie down, to assume a horizontal or prostrate position, as for the purpose of resting. 19. lie in, a. to be confined to bed in childbirth. b. Chiefly British. to stay in bed longer than usual, especially in the morning. 20. lie over, to be postponed for attention or action at some future time: The other business on the agenda will have to lie over until the next meeting. 21. lie up, a. to lie at rest; stay in bed. b. (of a ship) to dock or remain in dock. 22. lie with, a. to be the duty or function of: The decision in this matter lies with him. b. Archaic. to have sexual intercourse with. Idioms 23. lie down on the job, Informal. to do less than one could or should do; shirk one's obligations. 24. lie in state. state ( def 24 ) . 25. lie low. low1 ( def 51 ) . 26. lie to, Nautical . (of a ship) to lie comparatively stationary, usually with the head as near the wind as possible. 27. take lying down, to hear or yield without protest, contradiction, or resistance: I refuse to take such an insult lying down.
Origin: before 900; Middle English lien, liggen, Old English licgan; cognate with German liegen, Dutch liggen, Old Norse liggja, Gothic ligan; akin to Greek léchesthai to lie down
— vb , lies , lying , lied 1. ( intr ) to speak untruthfully with intent to mislead or deceive 2. ( intr ) to convey a false impression or practise deception: the camera does not lie
— n 3. an untrue or deceptive statement deliberately used to mislead 4. something that is deliberately intended to deceive 5. give the lie to a. to disprove b. to accuse of lying
Related: mendacious
[Old English lyge (n), leogan (vb); related to Old High German liogan, Gothic liugan ]
lie 2 (la?)
— vb (usually foll by on or upon ) , lies , lying , lay , lain 1. ( often foll by down ) to place oneself or be in a prostrate position, horizontal to the ground 2. to be situated, esp on a horizontal surface: the pencil is lying on the desk ; India lies to the south of Russia 3. to be buried: here lies Jane Brown 4. ( copula ) to be and remain (in a particular state or condition): to lie dormant 5. to stretch or extend: the city lies before us 6. to rest or weigh: my sins lie heavily on my mind 7. ( usually foll by in ) to exist or consist inherently: strength lies in unity 8. ( foll by with ) a. to be or rest (with): the ultimate decision lies with you b. archaic to have sexual intercourse (with) 9. (of an action, claim, appeal, etc) to subsist; be maintainable or admissible 10. archaic to stay temporarily 11. lie in state See state 12. lie low a. to keep or be concealed or quiet b. to wait for a favourable opportunity
— n 13. the manner, place, or style in which something is situated 14. the hiding place or lair of an animal 15. golf a. the position of the ball after a shot: a bad lie b. the angle made by the shaft of the club before the upswing 16. lie of the land a. the topography of the land b. the way in which a situation is developing or people are behaving
Lie (li?)
— n Trygve Halvdan ('trygv? 'halðan). 1896--1968, Norwegian statesman; first secretary-general of the United Nations (1946--52)
"speak falsely," O.E. legan, ligan, earlier leogan (class II strong verb; past tense leag, pp. logen), from P.Gmc. *leugan (cf. O.N. ljuga, Dan. lyve, O.Fris. liaga, Ger. lügen, Goth. liugan), from PIE base *leugh- "to tell a lie."
lie
"rest horizontally," O.E. licgan (class V strong verb; past tense læg, pp. legen), from P.Gmc. *legjanan (cf. O.N. liggja, O.Fris. lidzia, M.Du. ligghen, Ger. liegen, Goth. ligan), from PIE *legh- (cf. Hittite laggari "falls, lies," Gk. lekhesthai "to lie down," L. lectus "bed," O.C.S. lego "to lie down," Lith. at-lagai "fallow land," O.Ir. laigim "I lie down," Ir. luighe "couch, grave"). To lie with "have sexual intercourse" is from c.1300.
lie
"an untruth," O.E. lyge, from P.Gmc. *lugin (cf. O.N. lygi, Dan. løgn, O.Fris. leyne, Ger. Lüge, Goth. liugn). To give the lie to "accuse directly of lying" is attested from 1593. Lie-detector first recorded 1909.
A symbolic mathematics package aimed at Lie groups. ["LiE, a Package for Lie Group Computations", M.A.A. van Leeuwen et al, in Computer Algebra Nederland, 1992 (ISBN 90-741160-02-7)]. (1994-10-20)
an intentional violation of the truth. Lies are emphatically condemned in Scripture (John 8:44; 1 Tim. 1:9, 10; Rev. 21:27; 22:15). Mention is made of the lies told by good men, as by Abraham (Gen. 12:12, 13; 20:2), Isaac (26:7), and Jacob (27:24); also by the Hebrew midwives (Ex. 1:15-19), by Michal (1 Sam. 19:14), and by David (1 Sam. 20:6). (See ANANIAS.)
Easton's 1897 Bible Dictionary Cite This Source American HeritageIdioms & Phrases lie
In addition to the idioms beginning with lie, also see barefaced lie; give the lie to; (lie) in state; lay of the land (how the land lies); let sleeping dogs lie; make one's bed and lie in it; take lying down; white lie.
Upgrade to Ad-free Premium Membership!Slang lie doggo
lie like a rug lie like a rug
Idioms & Phrases lie barefaced lie give the lie to (lie) in state lay of the land (how the land lies) MORE Matching Quote "Lie lightly on her, turf and dew: She put so little weight on you." -Marcus Valerius Martial MORERelated Searches What is the etymology of lie?How can you use lie in a sentence?What are other words for lie?What is the opposite of lie?What is the past tense of lie? Aylar lieReasons people lieLie to me season 2 Nearby Words
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