$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
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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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