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February 24, 2016

Fairholme Chief Claims There Were ‘Settlement Communications’ Between the Fund and Government Over the GSE Net Worth Sweep

By Paul Muolo

Fairholme is feeling the heat from investors over poor performance, with Berkowitz noting the fund’s returns have “put us in the dog house.”

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The year is almost 75% done. How is mortgage origination volume at your shop?

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We will fund less than last year – by a lot.

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