Posted on June 4, 2017

Copies of FHFA and Treasury’s responses to the Class Plaintiffs’ request that the panel D.C. panel reconsider the portion that would discriminate against GSE shareholders based on the date they purchased their shares are attached to this e-mail message.  FHFA believes that discrimination is appropriate because new contracts are formed in the secondary market every time a security is bought and sold.  FHFA’s position would seem to have the prospect of upending U.S. capital markets.14-5243-1678015 14-5243-1678095

1 Reply to "$FNMA #FANNIEGATE"

  • franceskh
    June 4, 2017 (8:34 pm)

    I thought I bought the original certificate with all it’s rights and warts from the previous owner(s). Isn’t that how it’s always worked? That was my expectation.

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