$FNMA #FANNIEGATE

28-0001-02 28-0001 28-0001-01 Tired of battling cases in courthouses scattered across the country, FHFA turned to the Judicial Panel on Multidistrict Litigation today, asking that tribunal to consolidate:

Jacobs v. FHFA, Case No. 15-cv-708 (D. Del.); Roberts v. FHFA, Case No. 16-cv-2107 (N.D. Ill.); Saxton v. FHFA, Case No. 15-cv-47 (N.D. Iowa); and Robinson v. FHFA, Case No. 15-cv-109 (E.D. Ky.);

into one master MDL proceeding and transfer that consolidated action to the U.S. District Court for the District of Columbia for coordinated pretrial proceedings.

This action will take on a life of its own before the JPMDL, with the parties debating whether consolidation is appropriate and to what Court and Judge any consolidated proceeding should be transferred.

Notices will be filed by FHFA in each of the four cases to alert those courts that FHFA took this action today.  There will be lots and lots of paperwork as a result.