$FNMA #FANNIEGATE
The parties presented Judge Lamberth with a proposal calling to proceed on this timetable:
-- by Oct. 13, 2017, Shareholders will advise FHFA about how they intend to amend their complaints; -- by Oct. 20, 2017, FHFA will advise Shareholders if it intends to oppose the filing of amended complaints; -- by Nov. 1, 2017, Shareholders will file motions for leave to file amended complaints; -- by Jan. 10, 2018, FHFA will file any opposition to the motions to amend, and Treasury and FHFA will file their motions to dismiss; -- by Feb. 12, 2018, Shareholders will reply to any opposition FHFA has about the filing on amended complaints, and Shareholders will respond to the motions to dismiss; and -- by Mar. 18, 2018, FHFA and Treasury will file replies in support of their motions to dismiss.
A copy of today's filing is attached to this e-mail message.
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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.