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Not a settlement, it's a judgement. I guess if they can collect on this, the $$ could be used to capitalize the new muni bond insurer or for share buybacks.
Let's see if any of the rating agencies have a comment on this development, without putting more egg on their faces.
Flagstar has reserved $80+ on their books. So they do have the money. If they appeal then money goes into a bond /trust account and earns interest. Do not be negative this is a good thing. It will bring the larger lawsuits back to the table..
Sentiment: Strong Buy