$FNMA #FANNIEGATE

FHFA and Treasury filed their motions to dismiss this evening, and copies of those super-sized documents are posted at:

http://bankrupt.com/misc/16-cv-03113-0023.pdf http://bankrupt.com/misc/16-cv-03113-0024.pdf http://bankrupt.com/misc/16-cv-03113-0025.pdf http://bankrupt.com/misc/16-cv-03113-0026.pdf

FHFA opposes the Collins Plaintiffs' armchair quarterbacking, says GSE shareholders have "no shareholder rights or interests to assert" no matter what, and is dismissive of the Collins Plaintiffs' constitutional challenges.  Treasury echoes many of FHFA's arguments and encourages Judge Atlas to blindly follow Judge Lamberth's decision dismissing  shareholder complaints about the Third Amendment.