$FNMA #FANNIEGATE

Posted on June 2, 2017

Three GSE shareholders filed a fresh lawsuit in the U.S. District Court for the Western District of Michigan yesterday, and a copy of their complain is attached to this e-mail message.  The Rop Plaintiffs are represented by Matthew T. Nelson at Warner Norcross & Judd LLP in Grand Rapids.  The Rop Plaintiffs want the Court to vacate the third amendment, declare that FHFA’s structure is unconstitutional, strike HERA’s provisions that FHFA says insulate it from GSE shareholder litigation, 17-cv-00497-0001


2 Replies to "$FNMA #FANNIEGATE"

  • franceskh
    June 2, 2017 (11:08 pm)
    Reply

    Finally a challenge to HERA constitutionality. Thanks for posting this.

  • Ronald Haight
    June 3, 2017 (1:09 am)
    Reply

    Yes! We must keep the pressure on. Why don’t we pool into a huge class action suit?


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