$FNMA #FANNIEGATE
The Collins Plaintiffs alerted Judge Ellison to the Fifth Circuit's recent decision in CFSA v. CFPB discussing a remedy for a presidential removal claim. In their filing -- a copy of which is attached to this e-mail message -- the Collins Plaintiffs tells Judge Ellison FHFA can't be distinguished from the CFBP, so GSE sharholders are entitled to a remedy, and that remedy should be to vacate the Third Amendment. A copy of the CFSA v. CFBP opinion is posted at https://www.ca5.uscourts.gov/opinions/pub/21/21-50826-CV0.pdf
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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.
