$FNMA #FANNIEGATE
FHFA and Treasury delivered their replies in support of their motions to dismiss the Collins Plaintiffs' complaint to Judge Atlas late this evening, and copies of those replies are attached to this e-mail message. Congress, FHFA says, made it clear that the agency is insulated from lawsuits and there are no exceptions applicable to GSE shareholders. Treasury maintains its position that Judge Atlas has no jurisdiction to entertain the Collins Plaintiffs' complaint and it should be dismissed.16-cv-03113-0038 16-cv-03113-0037
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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.