Read the screenplay: FANNIEGATE — $7 trillion. 17 years. The biggest fraud in American capital markets.
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The First Circuit has concluded in Montilla v. Fannie Mae that FHFA is not a government actor.  A copy of yesterday's decision is available at http://media.ca1.uscourts.gov/pdf.opinions/20-1673P-01A.pdf at no charge.

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