I was reading through the receivership papers and it looks like the GSEs (no doubt driven by the FHFA) are preparing to raise some objections to the Arch theft of PMI resources. If the GSEs quash the deal, there is a much better chance the PMI holding company can recover their stolen assets from Arizona. I would peg it at better than even that the Arch deal doesn't go through.
"reading through the receivership papers" somehow gives you a sense of what "the GSEs are preparing to do"?. Really??. Could you provide some exerps of what reveals such intentions in such an unlikely set of document? I actually hope you are right, but fear you are bs'ing