$FNMA #FANNIEGATE
The parties in Sisti v. FHFA -- the case Chief Judge Sweeney relied on to say FHFA is a government actor -- have reached an agreement under which Freddie Mac will pay Ms. Sisti some money, she'll leave her home, and the debate about whether FHFA is or isn't a government actor is preserved for appeal. That agreement is memorialized in the stipulation attached to this e-mail message, which the parties ask Judge McConnell to approve.
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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.