$fnma #fanniegate
Judge Lamberth entered an order today denying FHFA, Fannie and Freddie's request that he reconsider his not decision that preserved shareholders' contractual claims. Judge Lamberth declined FHFA and the GSEs' invitation. Accordingly, shareholders' implied covenant breach claims will not be dismissed and will proceed to trial. A copy of Judge Lamber's decision is attached to this e-mail message.
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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.