$FNMA #FANNIEGATE
The MDL proceeding initiated by FHFA yesterday will now be identified as MDL No. 2713.
The Panel directed today that:
-- Appearances are due on or before Mar. 30, 2016; -- Corporate disclosure statements must be filed on or before Mar. 30, 2016; and -- Responses to FHFA's Motion to Transfer must be filed on or before Apr. 6, 2016.
If the parties move quickly, the Panel may be able to consider FHFA's Motion to Transfer at its hearing scheduled for May 26, 2016, in Chicago. If that date doesn't work, the Panel's next bi-monthly hearing will be held on July 28, 2016, in Seattle.
FHFA filed a Motion today for permission to file the Amended Complaints in Saxton v. FHFA and Robinson v. FHFA under seal with the JPMDL. A copy of that motion is attached to this e-mail message. A notation on the MDL docket (Doc. 6) indicates the motion was granted.MDL 2713-0004
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Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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