$FNMA #FANNIEGATE
FHFA delivered a copy of the D.C. Circuit's recent decision in Perry v. Mnuchin to Judge Chang yesterday to let him know the appellate tribunal ruled that sec. 4617(f) of HERA bars shareholders' claims that FHFA and Treasury exceeded their statutory authority. A copy of FHFA's filing is attached to this e-mail message.16-02107-0072
FHFA delivered copies of two documents to Judge Reade yesterday:
(A) the D.C. Circuit's recent decision in Perry v. Mnuchin to let her know the appellate tribunal ruled that sec. 4617(f) of HERA bars shareholders' claims that the agency and Treasury exceeded their statutory authority; and
(B) the Saxton Plaintiffs' response filed in the MDL proceeding in Apr. 2016 stating they had abandoned their common law claims.
A copy of FHFA' filing is attached to this e-mail message.15-00047-0099
Free Tools & Calculators
Interactive tools built by Glen Bradford
Enjoyed this? Get more like it.
Glen's Musings — AI, investing, and building things. Occasional. Free.
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.
More in Fanniegate
Keep Exploring
FNMA Stock Forecast & Analysis
What actually drives Fannie Mae stock — catalysts, restructuring math, and honesty.
Read moreNEWGSE Catalyst Tracker
Track every signal toward Fannie & Freddie privatization
Read moreNEWFannie Mae Preferred Dividends
Every series, coupon rate, suspension status, and yield math if dividends resume.
Read moreNEWFannie Mae vs Freddie Mac
Side-by-side comparison — and why it doesn't matter for investors.
Read moreNEWBest Preferred Stocks to Buy
26 series Glen actually owns — with coupon rates, par values, and reasoning.
Read moreFanniegate Timeline & Evidence
The full timeline, 8 books, and the current status of recapitalization.
Read moreTrading Analysis — 4 Years of Data
Every trade, every ticker, every price. 2,068 transactions parsed and visualized.
Read moreHow to Buy Preferred Stock
Step-by-step guide from an investor who owns 26 series.
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.