$FNMA #FANNIEGATE
Messrs. Jacobs and Hindes delivered their reply brief to the Third Circuit, and a copy is attached to this e-mail message. Messrs. Jacobs and Hindes press their argument that because the net worth sweep violates state law the third amendment was an illegal act and HERA does not block litigation challenging it, and FHFA's repudiation of the GSEs' contracts with shareholders require compensation under the statutory scheme HERA established. 17-3794-0023
Mr. Angel and FHFA filed notices in the U.S. District Court for the District of Columbia to alert Judges Boasberg and Lamberth that Mr. Angel's lawsuit is related to other cases pending before Judge Lamberth, and copies of those notices are attached to this e-mail message. 18-cv-01142-0004 18-cv-01142-0002
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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.