$FNMA #FANNIEGATE

Posted on September 8, 2017

Messrs. Jacobs and Hindes asked Judge Sleet this morning to take judicial notice of a variety of documents that have come to light during jurisdictional discovery in Fairholme v. U.S. that undercut FHFA and Treasury’s central arguments in defense of the Net Worth Sweep.  Because the attachments are large, today’s filing is posted at http://bankrupt.com/misc/15-00708-0075.pdf


2 Replies to "$FNMA #FANNIEGATE"

  • franceskh
    September 8, 2017 (1:32 pm)
    Reply

    Hope you are staying safe and out of Irma’s winds, Glen. You do a lot to keep the flames going.

  • William Sometville
    September 8, 2017 (3:40 pm)
    Reply

    Thanks for all the good information Glen. I have been in this trade over 4 years now. I was able to take some good profits on he first surge and moved up my stops to break even. I still have significant exposure on FNMA. It’s a crap shoot with Corker pushing so hard and the TBTF banks having so much power. I got into this trade because I truly feel everyone should have the opportunity to own a home and a 30 year mortgage. Greed has always been sad. God bless America…. And FNMA Shareholders. Keep up the good work and thanks again…
    NJShoreTrader


Got something to say?

Some html is OK