Subject:

Fwd: PROJECT AMERICA - FREDDIE MAC UPDATE

From:
"Eric Schwerin" eschwerin@rosemontseneca.com
To:
"Hunter Biden" hbiden@rosemontseneca.com
Date:
2010-10-18 18:01
Attachments:
Meridian_white_trans SMALL.gif, Meridian letter to Freddie Mac 10.15.10.pdf
FYI....



Eric D. Schwerin
Rosemont Seneca Partners, LLC
1010 Wisconsin Ave., NW
Suite 705
WashingtonDC 20007
(202) 333-1880
P Consider the environment before printing this email.

Begin forwarded message:

From: "Jack Casey" <jcasey@meridiancompaniesllc.com>
Date: October 18, 2010 4:53:26 PM EDT
To: "Arlene Busch" <abusch@rosemontseneca.com>, "Eric Schwerin" <eschwerin@rosemontseneca.com>
Subject: PROJECT AMERICA - FREDDIE MAC UPDATE

CONFIDENTIAL UPDATE
 
Arlene & Eric:
 
    The attached letter was hand delivered to Freddie Mac Friday, October 15, 2010 at NOON. I received a call from the Freddie Mac project manager Friday afternoon confirming the investors would close if Treasury approved the transaction.
 
    A source at FHFA just told us they have a copy of the reconsideration letter and they are waiting for a transmittal request from Freddie Mac so it can be forwarded to the Treasury for disposition.
 
    We need Treasury approval in WRITING November 3, 2010 in order to meet Board Of Director Agendas to close by year end during the lame duck session.
 
    Thanks, Jack 
 

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