$FNMA #FANNIEGATE
FHFA provided the Fifth Circuit with a copy of the D.C. Circuit's decision in PHH v. CFBP late last week and the Collins Plaintiffs filed a response today. Copies of the parties' letters are attached to this e-mail message. FHFA tells the appellate court that the PHH decision closely tracks the ruling from district court now under review. The Collins Plaintiffs urge the Fifth Circuit panel to carefully review and follow Judge Henderson and Kavanaugh's dissenting opinions in PHH because any government agency with no accountability to the President, Congress or the Courts can't be the right result.17-20364-00514337464 17-20364-00514334193
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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.