$FNMA #FANNIEGATE

Posted on May 25, 2017

The Saxton Plaintiffs delivered their opening brief to the Eighth Circuit yesterday, urging the appellate tribunal to follow Judge Brown's reasoning and conclude that FHFA and Treasury exceeded their authority under HERA, their actions aren't fully insulated from judicial review, and shareholders are not powerless while the GSEs are in conservatorship.  A copy of the opening brief (Doc. 15) and an addendum (Doc. 16) are attached to this e-mail ...

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$fnma #fanniegate

Posted on May 24, 2017

In two letters delivered to the Sixth Circuit yesterday (copies of which are attached to this e-mail message): -- Ms Robinson's lawyers at Cooper & Kirk distinguish the AIG case from this case, explaining that AIG's deal with the Fed was an arms'-length transaction and the Net Worth Sweep wasn't; and -- FHFA's lawyers at Arnold & Porter say that Mr. Watt's recent testimony isn't any form of additional authority for the court to ...

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$FNMA #FANNIEGATE

Posted on May 22, 2017

Judge Atlas entered a Memorandum and Opinion and Final Judgment -- copies of which are attached to this e-mail message -- this afternoon dismissing the Collins Plaintiffs' APA claims against FHFA and Treasury for the same reasons Judge Lamberth dismissed them, and concluding that FHFA's structure is constitutional.16-cv-03113-0053 16-cv-03113-0052

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$FNMA #FANNIEGATE

Posted on May 17, 2017

The Court Reporter prepared a transcript (Doc. 110) of the hearing held before Judge Reade on Mar. 23, 2017, and transmitted a copy of the Eighth Circuit.  A copy of that transmittal (Doc. 112) is attached to this e-mail message.  In accordance with the Court's procedures (Doc. 111), also attached to this e-mail message, a copy of the transcript can be purchased now from the Court Reporter, Patrice A. Murray at (319) 286-2338, and a copy will ...

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$FNMA #FANNIEGATE

Posted on May 17, 2017

The parties to the Roberts appeal pending before the Seventh Circuit delivered a number of administrative papers (Docs. 3 through 11) in the past two weeks as they get ready to get ready to get this appellate proceeding underway, and copies of those papers are attached to this e-mail message.rerobertsv_fhfa

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$FNMA #FANNIEGATE

Posted on May 3, 2017

C. Barr Flinn, representing Mr. Pagliara, sent Vice Chancellor Montgomery-Reeves some additional reading material (Docs. 76-81) Monday in connection with his attempt to access Fannie Mae's books and records.  Vice Chancellor Montgomery-Reeves held a hearing Tuesday morning on Fannie Mae and FHFA's motion to dismiss Mr. Pagliara's complaint, and took the matter under advisement (Doc. 82).  Copies of the relevant papers are attached to this ...

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$FNMA #FANNIEGATE

Posted on April 27, 2017

Judge Scola declined the Edwards Plaintiffs' invitation to alter or amend his substitution ruling saying that FHFA stands in the Edwards Plaintiffs' shoes with respect to their claims against Deloitte.  A copy of Judge Scola's order shooing the Edwards Plaintiffs' away is attached to this e-mail message.16-cv-21221-0060

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$FNMA #FANNIEGATE

Posted on April 27, 2017

Ms. Robinson filed her reply brief in the Sixth Circuit today, and a copy is attached to this e-mail message.  Ms. Robinson again urges the Sixth Circuit to adopt Judge Brown's reasoning in her dissenting opinion in Perry v. Mnuchin, and looks to the Sixth Circuit to issue a ruling saying that the permissive language in sec. 4617(b) of HERA is more mandatory than FHFA and Treasury think and sec. 4617(f) of HERA is less of a sweeping ouster of ...

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$FNMA #FANNIEGATE

Posted on April 26, 2017

pagliara reply in support to dismiss perry case materials referenced in decision

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$FNMA #FANNIEGATE

Posted on April 24, 2017

perry granted extension

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