$FNMA #FANNIEGATE
Robert B. Craig, Esq., representing Ms. Robinson, whose complaint is pending in the E.D. Ky., entered his appearance in MDL 2713 today, and a copy of his appearance is attached to this e-mail message.MDL 2713-0011
Freddie Mac advised the U.S. District Court for the Eastern District of Virginia this afternoon that FHFA has advised the JPMDL that it wants to transfer Mr. Pagliara's lawsuit, and a copy of that notice is attached to this e-mail message.16-00337-0006
FHFA is asking Judge Sleet to stay proceedings in Pagliara v. Fannie Mae until the MDL Panel rules on transfer and consolidation of similar lawsuits challenging the Third Amendment. Because Judge Sleet has stayed Jacobs v. FHFA, it is more probable than not that this case will also be stayed. A copy of Fannie Mae's motion is attached to this e-mail message.16-00193-0004
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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.