$FNMA #FANNIEGATE
FHFA and Treasury alerted Judge Reade yesterday to Judge Chang's decision dismissing the Roberts Plaintiffs' complaint in Chicago. FHFA and Treasury want Judge Reade to follow Judge Chang's lead. In a response delivered to Judge Reade today, the Saxton Plaintiffs tell her that Judge Chang's is nothing more than one more case wrongly decided and directs Judge Reade's attention back to Judge Brown's dissent in Perry v. Mnuchin.
Judge Ready also entered an order today advising the parties that tomorrow's hearing on FHFA and Treasury's motions to dismiss will be held in Courtroom 2 in Cedar Rapids.
Copies of the three relevant documents are attached to this e-mail message.15-00047-0101 15-00047-0102 15-00047-0103
Judge Sleet placed his stamp of approval this morning on the parties' agreement to complete briefing on renewed motions to dismiss by July 17, and a copy the stipulation memorializing that agreement is attached to this e-mail message.15-00708-0064
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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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