$FNMA #FANNIEGATE -2daysoldoops
Freddie Mac delivered its Reply (Doc. 18) in support of its motion (Doc. 13) for more time to respond to Mr. Pagliara's complaint to the U.S> District Court for the Eastern District of Virginia today. Following receipt of Freddie Mac's Reply:
(A) Magistrate Anderson entered an Order (Doc. 19) extending Freddie Mac's time to respond to Mr. Pagliara's complaint; and
(B) Judge Cacheris entered an Order (Doc. 20):
(1) granting the parties' Joint Motion (Doc. 17) to extend the briefing schedule;
(2) directing Mr. Pagliara to file his brief opposing a stay of this case by Apr. 20; and
(3) directing Freddie Mac (and, presumably, FHFA) to file their brief in support of a stay and in support of substitution by Apr. 29.
Copies of the the three relevant documents docketed today in Virginia are attached to this e-mail message.16-00337-002016-00337-001816-00337-0019
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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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