$FNMA #FANNIEGATE (from a few days ago)
The Collins Plaintiffs sent another letter to the Fifth Circuit, this time pointing out that FHFA's back-and-forth positions about the constitutionality of its structure underscores how unconstitutional the Agency's structure is, and a copy of that letter is attached to this e-mail message.
Joseph H. Crawford at KStone Partners sent the Fifth Circuit an article he prepared entitled, "Have the Treasury Department and FHFA Perpetrated a Fraud on the Court in Collins v. Mnuchin?" and a copy is attached to this e-mail message. In a letter dated yesterday, the Fifth Circuit advised Mr. Crawford that it will take no action on his filing because he is not a party to the Collins case.
FHFA sent a letter to the Fifth Circuit yesterday saying the High Court's recent census-related decision has no relevance to the Collins case, and a copy of that letter is 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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