$FNMA #FANNIEGATE
FHFA doesn't like Berkley's request for a jury trial in July, and a copy of FHFA's filing (Doc. 158) expressing that is attached to this e-mail message. FHFA says Berkley should have asked for a jury trail earlier if it wanted one. FHFA doesn't care about Fairholme's request to sit on the sidelines because it believes the class' claims will be dismissed in their entirety and that'll silence Fairholme.
FHFA filed another motion (Doc. 159) this evening, and this one is under seal. It's impossible to deduce from the public record what this evening's request urges Judge Lamberth to do.
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Read moreDisclaimer: This blog post reflects the author's personal opinions at the time of writing and is not financial, investment, or legal advice. Glen Bradford holds positions in securities discussed on this site. Past performance is not indicative of future results. Do your own research and consult qualified professionals before making investment decisions. Some content on this site was generated or edited with AI assistance.