$FNMA #FANNIEGATE
The Rop Plaintiffs delivered two documents to Judge Maloney today:
(A) a response to FHFA's filing sharing the Sixth Circuit's ruling in the Robinson case, pointing out that the Sixth Circuit indicated its ruling might be different if -- which Ms. Robinson did not allege -- there were a constitutional defect in HERA; and
(B) in reply to their motion for summary judgment telling Judge Maloney that he should "vacate the Net Worth Sweep and strike down the provisions of HERA that make FHFA one of the most powerful, least accountable agencies in our Nation's history."
Copies of those filings are attached to this e-mail message.17-cv-00497-0038 17-cv-00497-0039
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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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