$FNMA #FANNIEGATE
Ms. Robinson filed her reply brief in the Sixth Circuit today, and a copy is attached to this e-mail message. Ms. Robinson again urges the Sixth Circuit to adopt Judge Brown's reasoning in her dissenting opinion in Perry v. Mnuchin, and looks to the Sixth Circuit to issue a ruling saying that the permissive language in sec. 4617(b) of HERA is more mandatory than FHFA and Treasury think and sec. 4617(f) of HERA is less of a sweeping ouster of the Judicial Branch than FHFA and Treasury want it to be. Ms. Robinson encourages the Sixth Circuit to rule in her favor and tell FHFA and Treasury that the Net Worth Sweep, while perhaps clever, is plainly wrong.16-6680-0028
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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.