GSE Links
Your Starting Point for GSE News, Resources, and Information
"Ultimately, Truth Prevails"


Message Boards
Google Groups
iHub - FNMA
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Yahoo Message Board
Corner of Berkshire & Fairfax Message Board

Blogs
Howard on Mortgage Finance
Fiderer on GSEs
Bill Maloni
The Truth about Fannie and Freddie (Fan O. Fred)
REFinBlog
Fannie Mae Shareholders - Blogspot
FHFA Insights

Other
Fannie & Freddie Secrets
Stocktwits - FNMA
Stocktwits - FMCC
timhoward717.com
Seeking Alpha - FNMA
Seeking Alpha - FMCC
GlenBradford.com
Investors Unite
Restore Fannie Mae
Insiders' Game - Fannie Mae & Freddie Mac
GSE Opinions
Free Fannie Mae Facebook Page

Twitter
Info and News Media Twitter Handles
@FFoscojr @mcelarier
@ckc12_rb @JoeSquawk (CNBC)
@dbracing01 @BeckyQuick (CNBC)
@NY1David - David Fiderer @JimCramer (CNBC)
@ethan2369 @HobbsieNY (CNBC)
@DoNotLose @RickSantelli (CNBC)
@timhoward717 @DavidFaber (CNBC)
@JoshRosner @CarlQuintanilla (CNBC)
@fanofred_ @AndrewRSorkin (CNBC)
@led253 @GMorgenson (NY Times)
@hill_matt @CleaBenson (Politico)
@SleipnirPerkins @NickTimiraos (WSJ)
@_InvestorsUnite @CGasparino (Fox Business)
@RichardAEpstein @JonAPrior (Politico)
@pgray41 @theTreyGarrison
@FreeFannie @JoeLight (WSJ)
@nsintichakis @MarkCalabria (Cato Institute)
@D2_Duncan @levinsonc (Reuters)
@FannieGate101 Government
@mrfidlsticks @POTUS
@PTashner @BarackObama
@LetgoofmyFannie @SenShelby
@BuchmanCraig @MaxineWaters
@denverprinter @MikeCapuano
@WildTwins1 @RepHensarling
@cevoltz @FSCDems
@TrainReckt @FinancialCmte
@jeremycain_usc @SenBobCorker
@timpagliara
@Patswil
@30yrdream
@SoCal4Lif
@aspit
@FHFA
@FannieMae
@FreddieMac
$FNMA, $FMCC
#FannieGate


Reference
FNMA FMCC
Short Sales:  OTCMarkets.com   OTCShortReport.com Short Sales:  OTCMarkets.com   OTCShortReport.com
FNMA Real Time Level 2 Quotes FMCC Real Time Level 2 Quotes
Fannie Mae Price on German Market Freddie Mac Price on German Market

Pro Publica Bailout List
09/10/2015 - Forensic accounting in #FannieGate gets audited - HousingWire
02/15/2015 - After the Housing Crisis, a Cash Flood and Silence - NY Times
11/29/2011 - How Paulson Gave Hedge Funds Advance Word of Fannie Rescue - Bloomberg
07/08/2008 - Fannie, Freddie Adequately Capitalized: Lockhart - CNBC

Reference (pdf)
04/2015 - How the Fannie and Freddie Conservatorship Has Undermined the Resolution Process
03/18/2015 - Joshua Rosner - The Future of the U.S. Housing Finance System: Bringing the U.S. Residential Mortgage Finance System into the 21st Century - Scribd
02/09/2015 - The Conservatorships of Fannie Mae and Freddie Mac: Actions Violate HERA and Established Insolvency Principles - Michael Krimminger and Mark Calabria
01/11/2015 - Treasury, The Conservatorships and Mortgage Reform - Tim Howard
05/05/2014 - It's Time to Get Off Our Fannie - Pershing Square Presentation at the Ira Sohn Conference
04/13/2011 - Wall Street & the Financial Crisis-Anatomy of a Financial Collapse
09/17/2008 - The Counterfeiting of Shares of Fannie Mae and Freddie Mac
Amended and Restated SPSPA - FHFA.gov
Questions and Answers on Conservatorship - Treasury.gov

Video
05/03/2016 - Executive Privilege- Secrets of Fannie & Freddie - Youtube
02/16/2016 - Liberty’s Nemesis: The Unchecked Expansion of the State
02/21/2016 - Making a Bagholder - Episode 1
Reps Capuano, Duffy Interrogate Treasury Sec Jacob Lew
Rep. Mulvaney Questions FHFA Director Mel Watt
Rep Mulvaney Interrogation of Treasury Secretary Jacob (Jack) Lew
Fannie Mae and Freddie Mac Given Clean Bill of Health - Warren Buffett
Poliquin Questions Federal Housing Finance Agency Director Mel Watt
Royce Elicits Lew Support for GSE Reform Building Blocks, 6/17/2015
Rep. Hill questions Federal Housing Finance Agency Director at Financial Services Committee Hearing
Senator Warren Asks FHFA Director Mel Watt About Principal Reduction
FHFA's Role: Manage Fannie and Freddie Under Current Statutory Mandates
The Future of Fannie Mae and Freddie Mac
01/27/2015 - Mel Watt Speaking to the House Financial Services Comittee
2010 - Inside Job (Full Movie)
2008 - Larry Summers describes "stealth" program to feed banks $180 billion through GSEs

Court Filings
See the Court Filings Archive page for a longer list of the court filings.
GSE Litigation Summary - Bankrupt.com

Fairholme v. U.S.
06/21/2016 - Motion of Arnetia Joyce Robinson to Remove the "Protected Information" Designations From Documents Referred to in Amended Complaint…
06/10/2016 - Defendant's Notice of Filing of Declaration
07/09/2013 - Fairholme's Complaint

Perry v. Lew
09/26/2016 - Notice of Withdrawal of Counsel
09/26/2016 - Notice of Withdrawal of Counsel
09/11/2016 - Letter to the Court from Counsel for the Plaintiffs
09/09/2016 - Letter to the Court from Counsel for the Appellees FHFA and Melvin L. Watt
08/25/2016 - Charles Cooper Letter
08/24/2016 - Howard Cayne Letter
08/18/2016 - Hamish Hume Letter
09/30/2014 - Judge Lamberth's Decision dismissing Shareholders' Complaints

Cacciapalle v. U.S.
03/14/2016 - Joint Status Report
06/13/2013 - Class Action Complaint

Saxton v. FHFA (Iowa)
09/15/2016 - Plaintiffs’ Response to FHFA’s Notice of New Authority of September 13, 2016
09/13/2016 - Notice of New Authority in Support of Motion to Dismiss by Defendants…
05/28/2015 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief and Damages

Washington Federal v. U.S.
03/11/2016 - Joint Status Report
02/26/2016 - Judge Sweeney Order
06/10/2013 - Washington Federal Original Complaint

Rafter v. U.S.
02/25/2016 - Joint Motion for Enlargement of Time to Respond to Amended Complaint, to Permit Plaintiffs to Further Amend the Complaint, and the Adoption Of Schedule
09/02/2015 - Amended Verified Complaint
09/01/2015 - Defendant’s Response to Plaintiffs’ Motion for Leave to File an Amended Complaint

Arrowood v. U.S.
09/26/2016 - Notice of Withdrawal of Counsel
09/26/2016 - Notice of Appearance by Jeffrey W. Kilduff
09/26/2016 - Notice of Appearance by Michael J. Walsh, Jr.
02/25/2016 - Joint Motion for Enlargement of Time to Respond to Complaint and Adoption of Briefing Schedule
09/18/2013 - Arrowood Indemnity Initial Complaint

Jacobs and Hindes v. FHFA (Delaware)
09/26/2016 - Treasury’s Response in Partial Opposition to Plaintiffs’ Motion for Leave to Amend
09/26/2016 - Federal Housing Finance Agency, Fannie Mae, and Freddie Mac’s Response in Partial Opposition to Plaintiffs’ Motion for Leave to Amend
09/12/2016 - Judge Sleet Order
09/09/216 - Amended Rule 7.1.1 Certification
09/07/2016 - Plaintiffs’ Motion for Leave to Amend the Class Action and Derivative Complaint to Dismiss Counts III Through X And Add Amended Counts III And IV
08/17/2015 - Class Action and Derivative Complaint

Piszel v. U.S.
08/18/2016 - US Court of Appeals Decision
06/12/2015 - Memorandum Opinion and Order 

Robinson v. FHFA (Kentucky)
09/26/2016 - Judgement
09/09/2016 - Memorandum Opinion and Order
09/01/2016 - Plaintiff’s Response to FHFA’s Notice of New Authority of August 30, 2016
08/29/2016 - Notice of New Authority in Support of Motion to Dismiss by Defendants Federal Housing Finance Agency…
10/23/2015 - Plaintiff’s Complaint for Declaratory and Injunctive Relief

Roberts v. FHFA (Illinois)
09/14/2016 - Joint Reply of Defendants Federal Housing Finance Agency as Conservator…
04/05/2016 - Plaintiffs` Amended Complaint for Declaratory and Injunctive Relief
02/10/2016 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

Reid v. U.S.
02/25/2016 - Joint Motion for Enlargement of Time to Respond to Complaint and Adoption of Briefing Schedule
02/26/2014 - Verified Shareholder Derivative Complaint

Fisher v. U.S.
03/09/2016 - Joint Status Report
02/26/2016 - Judge Sweeney Order
08/26/2013 - Verified Shareholder Derivative Complaint

Edwards v. Deloitte
09/26/2016 - Order Granting Motions To Appear Pro Hac Vice
09/16/2016 - Plaintiffs’ Unopposed Motion for Enlargement of Time…
09/14/2016 - Defendant’s Response in Opposition to Plaintiffs’ Motion to Remand
09/14/2016 - The Federal Housing Finance Agency's Opposition to Plaintiffs' Motion to Remand
09/13/2016 - FHFA's Motion for Leave to File Reply
09/09/2016 - Plaintiffs’ Sur-Reply in Opposition to FHFA’s Reply in Support of its Motion to Substitute
03/01/2016 - Initial Complaint

Edwards v. PricewaterhouseCoopers
09/16/2016 - The Federal Housing Finance Agency's Reply in Support of its Renewed Motion to Substitute as Plaintiff
09/16/2016 - Plaintiffs’ Unopposed Motion for Enlargement of Time…
09/14/2016 - The Federal Housing Finance Agency's Opposition to Plaintiffs' Motion to Remand
09/14/2016 - The Federal Housing Finance Agency's Opposition to Plaintiffs' Motion to Remand
09/14/2016 - PricewaterhouseCoopers LLP’s Response in Opposition to Plaintiffs’ Motion for Remand
03/09/2016 - Initial Complaint

Pagliara v. Fannie Mae
09/23/2016 - Declaration of C. Barr Flinn in Support of Plaintiff…
09/23/2016 - Plaintiff Timothy J. Pagliara’s Answering Brief in Opposition to Supplemental Motion to Substitute the Federal Housing Finance Agency as Plaintiff
09/16/2016 - Stipulation and [Proposed] Order for Extension of Time
09/13/2016 - Plaintiff Timothy J. Pagliara’s Request for Oral Argument
09/06/2016 - Plaintiff Timothy J. Pagliara’s Reply Brief in Support of His Motion to Remand and in Response to FHFA’s Opposition
03/14/2016 - Verified Complaint

Pagliara v. Freddie Mac
09/22/2016 - Docketing Notice
09/22/2016 - Appeal Sheet
09/22/2016 - Appeal Transmittal Sheet
09/21/2016 - Notice of Appeal
08/23/2016 - Order
08/23/2016 - Memorandum Opinion
03/14/2016 - Complaint for Inspection of Corporate Records

Voacolo v. Fannie Mae, FHFA, and Treasury
09/20/2016 - Motion to Dismiss by Defendants Federal National Mortgage Association and Federal Housing Finance Agency
09/20/2016 - Motion to Dismiss by the United States Department of the Treasury
09/20/2016 - Notice of Appearance by Michael J. Walsh, Jr.
09/20/2016 - Notice of Appearance by Jeffrey W. Kilduff
08/16/2016 - Appearance of Counsel
08/16/2016 - Stipulation to Set Deadlines
07/01/2016 - Summons in a Civil Action
06/26/2016 - Complaint

Archives
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
February 2015

In the News
Wednesday September 28th 2016
FAQ3: Fannie And Freddie, Questions And Concerns From Interested Readers, Opportunities, Challenges, And Risks - Seeking Alpha by Wayne Olson
Morning Money - Politico
Scroll down to 'Perry to Continue with GSE Lawsuit'
A More Promising Road to GSE Reform: Why It Leads to a Government Corporation - Urban Institute
Freddie Mac Announces New Mortgage Risk-Sharing Program - Fox Business
FHFA Offers Insight Into GSE Foreclosure Prevention - DS News
MBA Statement on Freddie Mac’s Credit-Risk Transfer Offering - Real Estate Rama

Tuesday September 27th 2016
New filing in the Arrowood case, click here to view.
Peter Chapman writes, "Paul Clement and Stephen Potenza advised the U.S. District Court yesterday evening that they've withdrawn as counsel to Fannie Mae (which is now represented by O'Melveny & Myers)."
The Big Banks Shouldn’t Inherit Our Housing Finance System - American Banker
Richard Perry Walks Away, Hoping for a Shot at Vindication - Bloomberg
Booming MBS Issuance and Uptick in Rates Should Translate into Stellar 3Q Results for Fannie and Freddie. Right? - Inside Mortgage Finance
Freddie Mac Rolls Out Front-End Risk-Sharing Pilot; But No Benefit for Lenders - Inside Mortgage Finance
Risk-sharing pilot expands role of private insurers - Scotsman Guide
When it comes to credit scores, safety and soundness should be the primary goal - The Hill
Senators Propose Bill to Include Municipal Debt as Liquid Assets - Bloomberg
A brief GSE mention.
Will Mortgage Bonds Be the Next Disaster—Again? - Valuewalk

Monday September 26th 2016
New filing in the Robinson case, click here to view.
Peter Chapman writes, "Chief Judge Caldwell entered a written judgement today to close out Ms. Robinson's case on the Kentucky court's docket."
New filing in the Jacobs and Hindes case, click here to view.
Peter Chapman writes, "FHFA, Fannie Mae and Freddie Mac oppose Messrs. Jacobs and Hindes' Motion to Amend their Complaint to the extent that request contemplates that the GSEs will provide shareholders with notice of dismissal of Counts III through X by filing a Form 8-K. FHFA and the GSEs remind Judge Sleet about HERA's succession provision to say no notice is necessary, notice of a partial dismissal isn't required anyway, and if notice is required then Messrs. Jacobs and Hindes should foot the bill."
2nd filing in the Jacobs and Hindes case, click here to view.
Peter Chapman writes, "Treasury objects to Messrs. Jacobs and Hindes adding new unjust enrichment claims to their complaint for a variety of reasons."
New filing in the Deloitte case, click here to view.
Peter Chapman writes, "Judge Scola entered an order this afternoon welcoming Messrs. Turner and Wald at Latham & Watkins to represent Deloitte."
New filing in the Arrowood case, click here to view.
2nd filing in the Arrowood case, click here to view.
Peter Chapman writes, "Representing Fannie Mae, Messrs. Walsh and Kilduff at O'Melveny & Myers entered their appearances this afternoon in Arrowood v. Fannie Mae in the U.S. District Court for the District of Columbia."
New filing in the Perry case, click here to view.
2nd filing in the Perry case, click here to view.
Peter Chapman writes, "Paul Clement and David Zachary Hudson advised the D.C. Circuit this afternoon that they've withdrawn as counsel to Fannie Mae (which is now represented by OMelveny & Myers). Mr. Clement and some other lawyers from Bancroft are joining Kirkland & Ellis."
Will Congress Grease Big Bank Takeover of Fannie and Freddie? - Investors Unite
Fannie Mae Announces Winner of Fifth Community Impact Pool of Non-Performing Loans - PR Newswire
Sweating Out A Ruling On Fannie And Freddie - Palisades Hudson Financial Group LLC
Mortgage Insurers Net Semi-Win for Bigger Piece of Freddie Loans - Bloomberg
Short Takes: ...CHLA Weighs In on Front-End Risk-Sharing... - Inside Mortgage Finance
Perry Capital Closing Flagship Fund After Almost Three Decades - Bloomberg
Plans for his position in the GSEs are mentioned.
Time For Change: GSE Credit-Risk Sharing on the Front End - The MReport

Sunday September 25th 2016
Delaying Discovery May Come With Sanctions - Fannie And Freddie Lawsuits - Seeking Alpha by Glen Bradford
Good collection of GSE articles from 'mrfidlsticks' - timhoward717.com

Friday September 23rd 2016
In the Perry case, Peter Chapman writes, "Fairholme delivered a letter (Doc. 1637216) under seal to the D.C. Circuit yesterday advising the Court of additional authorities. Fairholme's letter presumably discusses Judge Sweeney's discovery-related Opinion and Order dated Sept. 20, which is also under seal at this time."
In the Deloitte case, Peter Chapman writes, "Judge Scola doesn't want to hear anything more about Judge Cacheris' decision denying Mr. Pagliara access to Freddie Mac's books and records. Accordingly, Judge Socla entered a paperless order (Doc. 44) this afternoon denying FHFA's motion to tell him more; the docket entry says:
'PAPERLESS ORDER: On September 1, 2016, the Court granted the Plaintiffs leave to file a surreply in order to address a case cited by the Federal Housing Finance Agency in 34 its response in its response in support to 15 its motion to substitute as plaintiff. The Court only granted the motion because the case, Pagliara v. Federal Home Mortgage Corporation, 2016 WL 4441978 (E.D. Va. Aug. 23, 2016), was decided after the Plaintiffs had filed 20 their response in opposition. The Federal Housing Finance Agency now 39 moves for leave to file a reply to 38 the Plaintiffs' surreply because the Plaintiffs "mischaracterize[] the Pagliara decision." The Court denies 39 the motion. The Federal Housing Finance Agency and the Plaintiffs have now had the opportunity to address the Pagliara case. The Court is capable of reading the parties' arguments and interpreting the case without any further briefing. Signed by Judge Robert N. Scola, Jr. on 9/23/2016. (kbr) (Entered: 09/23/2016)'"
New filing in the Pagliara v. Fannie Mae case, click here to view.
Peter Chapman writes, "Mr. Pagliara filed his Answering Brief in Opposition to FHFA's Supplemental Substitution Motion this afternoon. Mr. Pagliara stresses that Judge Sleet must determine whether he has jurisdiction -- or whether this case should be sent back to the Delaware Chancery Court -- before making any of the other decisions FHFA encourages him to make."
2nd filing in the Pagliara v. Fannie Mae case, click here to view.
Peter Chapman writes, "A Declaration by C. Barr Flinn, Esq., at Young Conaway Stargatt & Taylor, LLP (is linked above)."
Bruce Berkowitz with CNBC's Kelly Evans Full Interview - Dropbox
Berkowitz: Fannie and Freddie should honor contracts - CNBC Video
Bruce Berkowitz: Fannie And Freddie Should Honor Contracts - Valuewalk
Judge Rules in Favor of Fairholme, Orders U.S. Government to Release More Fannie Mae Documents - Valuewalk
Deja Vu: Fannie And Freddie Lower Lending Standards - Seeking Alpha
Groups ask senators to nix piecemeal GSE reform - Scotsman Guide
What We’re Hearing: GSE Loan Limits to Move Higher?... - Inside Mortgage Finance
Fannie Mae to Trigger 'Seismic Event' for Underwriting - National Mortgage News
Soloway v. United States - glenbradford.com
This is an unrelated lawsuit filed against the U.S. Government where the Plaintiff is alleging a 5th Amendment Taking during foreclosure proceedings. The brief, filed by the U.S. Government, states, "The Court Should Dismiss The Complaint Against The United States Because FHFA Is Not The United States For Purposes of the Tucker Act When It Acts As A Conservator." (pg. 5)

Thursday September 22nd 2016
New filing in the Pagliara v. Freddie Mac case, click here to view.
2nd filing in the Pagliara v. Freddie Mac case, click here to view.
3rd filing in the Pagliara v. Freddie Mac case, click here to view.
Peter Chapman writes, "The Clerk for the U.S. District Court for the Eastern District of Virginia advised the Clerk of the Court for the U.S. Court of Appeals for the Fourth Circuit today about Mr. Pagliara's appeal, and the appellate proceeding is now identified as proceeding No. 16-2090 by that tribunal. Copies of the administrative documents prepared and docketed by the courts today are (linked above)."
Fairholme's sealed letter to Perry Capital Appeal's Court via @DoNotLose - Twitter
Government Sponsored Enterprise Investor Tim Pagliara Appeals Dismissal Of Freddie Mac Case To 4th Circuit - Seeking Alpha by Glen Bradford
Fannie Mae Completes Two Credit Insurance Risk Transfers - DS News
Understanding the GSEs Fannie Mae and Freddie Mac - The World Beast

Wednesday September 21st 2016
New filing in the Voacolo case, click here to view.
2nd filing in the Voacolo case, click here to view.
Peter Chapman writes, "Treasury and FHFA and Fannie Mae delivered their motions to dismiss Mr. Voacolo's lawsuit to Judge Contreras yesterday evening. Treasury, FHFA and Fannie Mae tell Judge Contreras that Mr. Voacolo's lawsuit is as flawed as the complaints filed by Perry Capital, Continental Western and Ms. Robinson and should meet the same demise."
Update in the PricewaterhouseCoopers case. Peter Chapman writes, "Judge Moreno confirmed this afternoon that the Edwards Plaintiffs' reply in support of remand is due by Sept. 30, 2016."
New filing in the PricewaterhouseCoopers case, click here to view.
Peter Chapman writes, "FHFA filed a Reply in support of its Renewed Substitution Motion this past Friday. FHFA relies on HERA's broad unambiguous language and tells Judge Moreno there are no exceptions to the transfer of all GSE shareholder rights to FHFA."
New filing in the Pagliara v. Freddie Mac case, click here to view.
Peter Chapman writes, "Mr. Pagliara delivered a Notice of Appeal to the District Court today indicating that he will take an appeal from Judge Cacheris' decision dismissing his books and record lawsuit to the U.S. Court of Appeals for the Fourth Circuit."
Motion To Compel: Granted - Great News For All GSE Investors - Seeking Alpha by Glen Bradford
A Really Big Short Still Awaits - fee.org
Those Advocating For Winding Down Fannie Mae, Freddie Mac Held Financial Interest - Valuewalk
Short Takes: Hillary to Turn GSEs Into Public ‘Utilities’?... - Inside Mortgage Finance
Fanniegate, The Sequel, Gets Two Thumbs Down - Mortgage Orb
Judge Orders Govt. to Produce More GSE-Related Docs, Shows Signs of Frustration - Inside Mortgage Finance
Miami investors win access to secret documents in Fannie Mae fight - Miami Herald
Fannie Mae Announces Two Credit Insurance Risk Transfer Transactions on $14.4 Billion of Single-Family Loans - Yahoo

Tuesday September 20th 2016
New entry in the docket sheet in the Fairholme case. It reads, "**SEALED** OPINION AND ORDER granting 270 Motion to Compel. By no later than October 14, 2016, defendant shall file a memorandum with the court explaining why the court should not require defendant to pay plaintiffs' reasonable expenses incurred in making the motion, including attorney's fees. Signed by Judge Margaret M. Sweeney. (sp) (Entered: 09/20/2016)"
Peter Chapman writes, "Because the document (Doc. 335) is under seal, it is not available to the public at this time. A redacted copy should appear on the docket in the coming days or weeks."
New filing in the Voacolo case, click here to view.
Peter Chapman writes, "Jeffrey W. Kilduff, Esq., at O'Melveny & Myers, entered his appearance this morning on behalf of Fannie Mae."
2nd filing in the Voacolo case, click here to view.
Peter Chapman writes, "Michael J. Walsh, Jr., Esq., also entered his appearance on behalf of Fannie Mae this morning."
Judge Sweeney Again Insists the Government Produce Documents - Investors Unite
Major Development: Motion To Compel Granted In Fairholme Lawsuit - timhoward717.com
CMLA Opposes Piecemeal GSE Reform - thecmla.com
Mortgage Trade Groups Fear an 'October Surprise' on the GSE CSP - Inside Mortgage Finance
Freddie Mac September 2016 Outlook - Yahoo

Monday September 19th 2016
New notation in the Pagliara v. Fannie Mae case. Peter Chapman writes, "Judge Sleet placed his stamp of approval on the parties' Stipulation this afternoon giving Mr. Pagliara until Sept. 23 to respond to FHFA's Supplemental Substitution Motion."
GSE Reform Should Follow Ginnie Mae Model: Tozer - National Mortgage News
Global bond issuance highest in nearly a decade - Seeking Alpha
GSEs to raise conforming loan limits in 2017? - HousingWire
Fannie Mae – A Look At Some Top Officials And Their Holdings Raises Questions - Valuewalk
GSEs Have A Strong August; Market Share Gains? - Inside Mortgage Finance
Register for free for access.
Credit Unions Voice Concerns over GSE CSP Project. A Level Playing Field? - Inside Mortgage Finance
Brief Update/ Memorial Post For Dan Coming This Week - timhoward717.com
$3.2 billion Fannie Mae, Freddie Mac MSR portfolio hits the market - HousingWire

Saturday September 17th 2016
More Confident Than Ever before - timhoward717.com
Freddie risk-sharing notes double U.S. securitized index returns - Bloomberg
06/03/2014 - Treasury stealing from Fannie and Freddie shareholders - The Hill

Friday September 16th 2016
New filing in the PricewaterhouseCoopers case, click here to view.
Peter Chapman writes, "The Edwards Plaintiffs presented the Motion to Judge Moreno this morning, asking him to confirm that their Reply in suport of their remand request is due by Sept. 30."
New filing in the Deloitte case, click here to view.
Peter Chapman writes, "The Edwards Plaintiffs presented the Motion to Judge Scola today, asking him to confirm that their Reply in support of their remand request is due by Oct. 12."
New Order in the Deloitte case. Peter Chapman writes, "Judge Scola entered a paperless order (Doc. 43) this afternoon confirming that the Edwards Plaintiffs' reply is due by Oct. 12."
New filing in the Pagliara v. Fannie Mae case, click here to view.
Peter Chapman writes, "Mr. Pagliara and FHFA asked Judge Sleet this afternoon for his stamp of approval on a stipulation extending Mr. Pagliara's time to respond to FHFA's Supplemental Substitution Motion to Sept. 23."
Fairholme Filing Regarding Recent Kentucky Case Decision - Valuewalk
Fannie Mae elects Ryan Zanin to the board - Reuters

Thursday September 15th 2016
New filing in the Deloitte case, click here to view.
Peter Chapman writes, "Deloitte filed its Response opposing remand of the Edward Plaintiffs' lawsuit to state court yesterday evening. Deloitte echoes FHFA's position that shareholder complaints turn on questions of federal rather than state law."
New filing in the PricewaterhouseCoopers case, click here to view.
2nd filing in the PricewaterhouseCoopers case, click here to view.
Peter Chapman writes, "FHFA opposes remand of the Edwards Plaintiffs' lawsuit to state court and urges Judge Moreno to decide its substitution motion in its favor before considering remand. Copies of FHFA's seemingly duplicate filings are (linked above). Although the two documents look virtually identical, Doc. 38 is 2,152 bytes larger than Doc. 39."
New filing in the Roberts case, click here to view.
Peter Chapman writes, "FHFA and Treasury filed their Joint Reply yesterday evening. FHFA and Treasury (i) sing another round of "HERA insulates us from litigation," (ii) direct Judge Chang's attention to Judge Lamberth's decision dismissing Perry v. Lew, (iii) say the time to challenge the PSPAs expired in Sept. 2014, (iv) argue that HERA gave FHFA all shareholder rights, (v) tell the Court they have no duties to shareholders, and (vi) unfurl their capital classification flag one more time.
As previously indicated, Judge Chang has asked the parties to convene for a status hearing on Nov. 1 in Chicago."
New filing in the Saxton case, click here to view.
Peter Chapman writes, "The Saxton Plaintiffs tendered their Response to Chief Judge Reade this morning expressing their opposing view about the significance of Chief Judge Caldwell's decision dismissing Ms. Robinson's lawsuit."
New Order in the Voacolo case. Peter Chapman writes, "Judge Contreras entered a Minute Order this afternoon directing Mr. Voacolo to file a response by Sept. 29, 2016, to the Notice of Related Cases filed by FHFA and Treasury on Aug. 10, 2016."
GSE Accounting: Pro Government Legal Filings Are Unnerving - Seeking Alpha by Glen Bradford
Sharing Risk with Risky Players Like Wells Fargo - Investors Unite
Federal Judge Dismisses Another GSE Shareholder Lawsuit - National Mortgage News
The article discusses the Robinson case, and Judge Caldwell's ruling.
03/11/2016 - Ninth Circuit Provides New Ammunition To Fannie And Freddie Shareholders - The Daily Caller

Wednesday September 14th 2016
New filing in the Deloitte case, click here to view.
Peter Chapman writes, "FHFA opposes remanding the Edwards Plaintiffs' lawsuit to state court. Federal law is controlling, FHFA says, and urges Judge Scola to rule on FHFA's substitution request before considering the shareholders' remand request."
New filing in the PricewaterhouseCoopers case, click here to view.
Peter Chapman writes, "PwC delivered its Response opposing remand of the Edwards Plaintiffs' lawsuit to state court, and a copy of that filing (excluding Exhibits A through Q, which are copies of 1996 through 2007 Offering Circulars) is (linked above). PwC argues that federal court is the right place for this lawsuit because federal law controls. Besides, PwC adds, GSE shareholders have no rights since FHFA stepped into their shoes. PwC suggests that Judge Moreno doesn't need to read anything other than HERA to dispose of the remand request."
FHFA Notices Saxton: FHFA Has No Fiduciary Duties To Shareholders - Seeking Alpha by Glen Bradford
Short Takes: Does Anyone Recall What Happened on Sept. 6, 2008? / The Second Coming of the GSEs... - Inside Mortgage Finance
And now, a case of really bad Republican timing - The Washington Post
The article contains a brief Fannie Mae and Freddie Mac mention.
Four inconvenient truths about Fannie and Freddie - R Street
Reposting from yesterday. Good comments after the article.

Tuesday September 13th 2016
New filing in the Deloitte case, click here to view.
Peter Chapman writes, "FHFA has more to tell Judge Scola about Judge Cacheris' decision and is asking for permission to file a reply to the Edwards Plaintiffs' sur-reply."
New filing in the Pagliara v. Fannie Mae case, click here to view.
Peter Chapman writes, "Mr. Pagliara has asked Judge Sleet to entertain oral argument on his request to remand his books and records suit to the Delaware Chancery Court."
New filing in the Saxton case, click here to view.
Peter Chapman writes, "FHFA alerted Chief Judge Reade in Iowa this afternoon about Chief Judge Caldwell's decision dismissing Ms. Robinson's lawsuit."
GSE Land: Lamberth Guides Pratt, Cacheris, Robinson And Now Sleet - Seeking Alpha by Glen Bradford
Four inconvenient truths about Fannie and Freddie - R Street
Can We Afford A Housing Boom? - Valuewalk

Monday September 12th 2016
New filing in the Perry case, click here to view.
2nd filing in the Perry case, click here to view.
Peter Chapman writes, "Howard Kayne, Esq., representing FHFA, and Charles Cooper, Esq., representing Fairholme, delivered letters to the D.C. Circuit in the past couple of days telling the D.C. Circuit why it should and shouldn't pay attention to Chief Judge Caldwell's decision dismissing Robinson v. FHFA."
New filing in the Jacobs and Hindes case, click here to view.
Peter Chapman writes, "Judge Sleet decided today that he won't certify the questions Messrs. Jacobs and Hindes pose to the Delaware and Virginia state courts. Judge Sleet has decided, in light of Judge Lamberth's decision, the answers to the questions Messrs. Jacobs and Hindes pose about the legality of a preferred security that vacuums up all of a company's profits aren't important."
This Is The Song That Never Ends - GSE Edition - Seeking Alpha by Glen Bradford
Finance, Economics, Regulatory Takings, And The Fannie Mae And Freddie Mac Litigation - Seeking Alpha by Wayne Olson
Karen Petrou on How Old-Style Marxist Analysis Uncovers the Future of U.S. Housing Finance - Federal Financial Analytics
Republicans want more frequent discussion of ending Fannie, Freddie limbo - MarketWatch
Judge’s ‘Paint By Numbers’ Decision Will Not Deter Shareholders - Investors Unite
Freddie Mac Auctioning Five More Pools Of NPLs - MortgageOrb





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