$FNMA #FANNIEGATE
FHFA advised Judge Maloney Director Calabria displaced Director Otting in April and has returned to its belief that the agency is constitutionally structured. The Rop Plaintiffs told Judge Maloney in a filing dated today FHFA's flip-flopping position points to the unconstitutionality of the agency's structure. Copies of the filings are attached to this e-mail message.
In a letter dated yesterday, FHFA advised the Eighth Circuit Director Calabria displaced Director Otting in April and has returned to its belief that the agency is constitutionally structured. The Bhatti Plaintiffs told the Eighth Circuit in a letter dated today FHFA's flip-flopping position points to the unconstitutionality of the agency's structure. Copies of those letters are 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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