Fannie/Freddie Consolidated Class Action
FHFA, Fannie and Freddie want Judge Lamberth to instruct the jury the PSPAs required payment of a 10% cash dividend, the 12% rate was a penalty provision and the GSEs had no right to elect paying an in kind dividend prior to the Third Amendment, and a copy of that request is attached to this e-mail message.
Shareholders want Judge Lamberth to overrule objections FHFA, Fannie and Freddie made to Dr. Mason's testimony and give the jury an instruction that will restore the balance of a deal the parties made concerning Dr. Mason's expert testimony
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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.