$FNMA #FANNIEGATE

16-cv-03113-0001 A new lawsuit challenging the Third Amendment was filed today. The lawsuit is captioned Collins v. FHFA and was filed in the Southern District of Texas. Proceeding under the Administrative Procedures Act, the Shareholder-Plaintiffs ask the Court to vacate and set aside the Net Worth Sweep. A copy of the Complaint is attached to this e-mail message.

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Disclaimer: 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.