$FNMA #FANNIEGATE
Fannie/Freddie Consolidated Class Action
FHFA submitted two filings to Judge Lamberth this afternoon:
-- Doc. 310 arguing Ross Kari's testimony is admissible in the second trial; and
-- Doc. 311 arguing the jury in the second trial should not see the Stegman Memo.
Copies of those filings are attached to this e-mail message.
Later yesterday, FHFA also filed:
-- Doc. 312, encouraging Judge Lamberth to rein in the evidence shareholders will be allowed to present to the jury; and
shareholders filed:
-- Doc. 313, encouraging Judge Lamberth to limit the evidence FHFA will be permitted to share with the jury;
-- Doc. 314, opposing FHFA's request to tinker with jury instructions;
-- Doc. 315, under seal; and
-- Doc. 316; letting the jury see additional materials reflecting FHFA and Treasury's motives;
and copies of these documents are attached to this e-mail message.
Daisey Trust sued FHFA yesterday, and a copy of the complaint is attached to this e-mail message. Daisey complains FHFA's self-funding structure is unconstitutional because it violates the Appropriations Clause. Daisey wants the U.S. District Court in Nevada to halt or delay a residential foreclosure proceeding.
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
◆Related Posts
Keep Exploring
Fanniegate Timeline & Evidence
The full timeline, 8 books, and the current status of recapitalization.
Read moreScreenplayFANNIEGATE: The Movie
The full screenplay — $7 trillion, 17 years, dramatized.
Read moreScreenplayFANNIEGATE: The Hero Movie
One guy from Indiana who bet everything and wouldn't shut up about it.
Read moreCurrent Positions
26 series of junior preferred stock across Fannie Mae and Freddie Mac.
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.
