$FNMA #FANNIEGATE
FHFA and Fannie Mae delivered their reply brief to Judge Sleet today, and a copy is attached to this e-mail message. FHFA and Fannie Mae repeat their 4617(f) anti-injunction and shareholder succession arguments, say federal law controls, and add that even if Delaware and Virginia law were applicable, the Net Worth Sweep is permissible.15-00708-0071
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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.