$FNMA #FANNIEGATE

Posted on January 12, 2017

The Roberts Plaintiffs tell Judge Chang in Chicago the same thing the Saxton PLaintiffs told Chief Judge Reade yesterday: the Delaware Supreme Court's El Paso "corporate overpayment" decision is distinguishable from this case in which our government expropriated 100% of the economic value of citizens' GSE securities.  A copy of the Roberts Plaintiffs' Response filed earlier today is attached to this e-mail message.16-02107-0068

Read More


$FNMA #FANNIEGATE

Posted on January 11, 2017

The Saxton Plaintiffs distinguish their case pending in Iowa from the El Paso case recently decided by the Delaware Supreme Court in a response delivered to Chief Reade today, and a copy of that response is attached to this e-mail message. 15-00047-0094 Assistant U.S. Attorney Alex Hartzler filed a notice today indicating that he is replacing AUSA Lidow in Roberts v. FHFA pending before Judge Chang in Chicago, and a copy of that notice is ...

Read More


$FNMA #FANNIEGATE

Posted on January 11, 2017

The government wants seven additional days to file a response to Mr. Piszel's en banc rehearing request, and a copy of the request is attached to this e-mail message.15-5100-0091

Read More


$FNMA #FANNIEGATE

Posted on January 10, 2017

Mr. Pagliara is asking the Fourth Circuit for 30 more days to file his opening brief, and a copy of that request is attached to this e-mail message.  Mr. Pagliara expresses his hope that the new administration will change course with the GSEs and moot his appeal.16-2090-0020   Judge Atlas welcomed Ms. Kishore to the Southern District of Texas this afternoon, and a copy of her order approving Ms. Kishore's motion to appear pro hac ...

Read More


$FNMA #FANNIEGATE

Posted on January 10, 2017

perry responsescan (1)

Read More


$FNMA #FANNIEGATE

Posted on January 9, 2017

FHFA and Treasury filed their motions to dismiss this evening, and copies of those super-sized documents are posted at: http://bankrupt.com/misc/16-cv-03113-0023.pdf http://bankrupt.com/misc/16-cv-03113-0024.pdf http://bankrupt.com/misc/16-cv-03113-0025.pdf http://bankrupt.com/misc/16-cv-03113-0026.pdf FHFA opposes the Collins Plaintiffs' armchair quarterbacking, says GSE shareholders have "no shareholder rights or interests to assert" ...

Read More


$FNMA #FANNIEGATE

Posted on January 9, 2017

FHFA and Treasury told Judge Chang today that the El Paso recent decision from the Delaware Supreme Court undercuts the Roberts Plaintiffs' arguments that their claims are direct, and a copy of FHFA and Treasury's notice telling the Court that is attached to this e-mail message.16-02107-0066

Read More


$fnma #fanniegate

Posted on January 9, 2017

FHFA, Fannie, Freddie and Treasury alerted Chief Judge Reade to the Delaware Supreme Court's recent El Paso decision as additional authority in support of their motions to dismiss the Saxton Plaintiffs' complaints.  A copy of that filing is attached to this e-mail message.15-00047-0093

Read More


$FNMA #FANNIEGATE

Posted on January 9, 2017

Deepthy Kishore submitted her request to appear pro hac vice on behalf of Treasury today, and a copy of that request is attached to this e-mail message.16-cv-03113-0022

Read More


$FNMA #FANNIEGATE Jacobs v. FHFA

Posted on January 9, 2017

FHFA, Fannie and Freddie sent a letter to Judge Sleet this afternoon alerting him to the recent El Paso decision from the Delaware Supreme Court (and urging his to discount Messrs. Jacobs and Hindes' opposition to the motions to dismiss their complaint).  A copy of that letter is attached to this e-mail message.15-00708-0055

Read More