$FNMA #FANNIEGATE

Mr. Pagliara filed his Answering Brief in Opposition to FHFA's Supplemental Substitution Motion this afternoon, and a copy is attached to this e-mail message.  Mr. Pagliara stresses that Judge Sleet must determine whether he has jurisdiction -- or whether this case should be sent back to the Delaware Chancery Court -- before making any of the other decisions FHFA encourages him to make.  A Declaration by C. Barr Flynn, Esq., at Young Conaway Stargatt & Taylor, LLP, follows in a separate e-mail transmission.16-00193-0030