Daisey Trust v. FHFA
The parties submitted a joint status report to Judge Gordon advising they view the High Court's decision in CFPB v. Community Financial differently. FHFA thinks the decision blesses its funding scheme in all respects. Daisey thinks because FHFA's spending cap is set by its own director that's a distinction with a difference and there's more to talk about. A copy of Friday's filing is attached to this e-mail message.
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Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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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.