Thought you might be
interested in the latest court activity. The discovery process has been
extended. Here are some interesting quotes/exchanges. If you want the entire
transcript: 
http://www.glenbradford.com/2015/02/fnma-court-transcript/

 

17 THE COURT: You know — if you don’t
mind, thank

18 you. Pardon me.

19 You know, I used
to sit at the table where you sat,

20 and I knew that
on the other side it was citizens of this

21 country bringing
a lawsuit against the sovereign. And I just

22 always think
it’s important when you know that it’s citizens

23 of the United
States that are trying to redress a grievance

24 that — that as
much as we are advocates for the sovereign

25 that we also
have an obligation in the administration of

1 justice to somehow increase the
comfort level of a plaintiff

2 that we are being
diligent, that we are being fair, we are

3 being honest.


8 THE COURT: Are you
suggesting there’s something

9 unprincipled or improper about seeking discovery from a third

10 party that would prove the jurisdiction of this Court or that

11 would support it?

 

THE COURT: But if a
Plaintiff needs discovery to meet the jurisdictional allegations raised by the
United States, let them have it.


25 I’m trying
to wrap my head around the Government complaining

 

the following are two exchanges
with the government:

 

11 THE COURT:
What’s your — what is your authority?

 

THE COURT: Well, then,
if you don’t know what it

is, then you’re just making it up as you go along.

MR. SCHWIND: We’re definitely not, Your Honor.

And –

THE COURT: Well, of course you are. 

 

here is where THE COURT cuts off the government:

6 THE COURT: Well, is there something

17 MR. SCHWIND: And
I would say, Your Honor –

18 THE COURT: — in
that declaration that says that

19 they will not,
that they would refrain from seeking discovery

20 from a third
party?

21 MR. SCHWIND: No,
Your Honor. And, again –

22 THE COURT: Okay,
well, that’s — okay, fine.

23 MR. SCHWIND: —
you can’t –

24 THE COURT: Thank
you. There’s — thank you.

25 MR. SCHWIND:
Well, Your Honor, we understand what

1 the Court’s saying, but again, we
have been — this is –

2 THE COURT: Well,
yeah, it’s a big distinction.

here is the plaintiff explaining
what they’re doing:

And, so, we thought we would

14 get the Fannie Mae and Freddie Mac documents from the

15 Government. When they said no, we said, okay, well, then,

16 we’ll issue a subpoena.

 

 

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