FHFA and Freddie Mac delivered their papers to Judge Cacheris explaining why Mr. Pagliara should not have access to Freddie Mac’s books and records.  Copies of those papers are attached to this e-mail message.  FHFA and Freddie Mac say that HERA transferred stockholders’ rights to FHFA so Mr. Pagliara has no inspection or investigation rights to exercise.  Moreover, the Defendants say, HERA fully insulated FHFA from all litigation.16-00337-003516-00337-003316-00337-0034

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