Citigroup Global Markets analysts said in a report today that, while the Countrywide RMBS settlement may still be contested by other parties,  the withdrawal of Walnut's Place entities of their separate rep and warranty lawsuit means the agreement's terms are will likely be finalized soon.

Analysts said that without the objection from these entities, the settlement should be approved more quickly. "The settlement amount is now unlikely to increase," they said in the report. "We expect final payments to bondholders to be made in nine to 12 months."

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