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


Message Boards
Google Groups
iHub - FNMA
iHub - FMCC
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
Opinions - U.S. Court of Appeals for the D.C. Circuit
Fannie & Freddie Secrets
Stocktwits - FNMA
Stocktwits - FMCC
timhoward717.com
Seeking Alpha - FNMA
Seeking Alpha - FMCC
GlenBradford.com
Investors Unite
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 @kenblackwell
@Patswil @stevenmnuchin1
@30yrdream
@SoCal4Lif
@aspit
@QTRResearch
@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
12/05/2016 - The $187 Billion Fannie-Freddie Bailout Is a Big Half-Lie - Fiderer on GSEs
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.
12/29/2016 - Order
12/13/2016 - Order
07/09/2013 - Fairholme's Complaint

Perry v. Lew
01/10/2017 - Letter to the Court
12/30/2016 - Letter to the Court
12/28/2016 - Letter to the Court
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)
01/11/2017 - Plaintiffs’ Response to Defendants’ Notice of New Authority of January 9, 2017
01/09/2017 - 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.
09/18/2013 - Arrowood Indemnity Initial Complaint

Jacobs and Hindes v. FHFA (Delaware)
01/20/2017 - Letter to Judge Sleet
01/09/2019 - Letter to the Court
10/13/2016 - Application for Oral Argument
10/06/2016 - Plaintiffs’ Reply in Support of their Motion for Leave to Amend the Class Action and Derivative Complaint…
08/17/2015 - Class Action and Derivative Complaint

Piszel v. U.S.
01/17/2017 - Order
01/11/2017 - Defendant-Appellee’s Unopposed Motion for an Extension of Time
08/18/2016 - US Court of Appeals Decision
06/12/2015 - Memorandum Opinion and Order 

Robinson v. FHFA (Kentucky)
01/03/2017 - Letter from the Court
12/30/2016 - Unopposed Motion for Extension of Deadline for Filing Plaintiff’s Opening Brief
09/09/2016 - Memorandum Opinion and Order
10/23/2015 - Plaintiff’s Complaint for Declaratory and Injunctive Relief

Roberts v. FHFA (Illinois)
01/12/2017 - Plaintiffs’ Response to Defendants’ Notice of New Authority of January 9, 2017
01/11/2017 - Withdrawal and Substitution of Counsel
01/09/2017 - Notice of New Authority in Support of Motion to Dismiss by Defendants…
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
01/18/2017 - Order Denying Motion to Remand and Granting Motion to Substitute
10/12/2016 - Plaintiffs’ Reply to Defendant’s Response in Opposition to Plaintiffs’ Motion for Remand
10/12/2016 - Plaintiffs’ Objection and Reply to FHFA’s Opposition to Plaintiffs’ Motion for Remand
03/01/2016 - Initial Complaint

Edwards v. PricewaterhouseCoopers
11/01/2016 - Court Hearing Transcript
10/31/2016 - Final Order of Dismissal and Order Denying All Pending Motions as Moot
10/30/2016 - Stipulated Voluntary Dismissal with Prejudice
10/30/2016 - FHFA's Notice of Withdrawal of Motion to Reconsider Denial of Motion...
03/09/2016 - Initial Complaint

Pagliara v. Fannie Mae
10/11/2016 - Plaintiff Timothy J. Pagliara's Request for Oral Argument
10/03/2016 - Reply in Support of Supplemental Motion to Substitute the Federal Housing Finance Agency as Plaintiff
03/14/2016 - Verified Complaint

Pagliara v. Freddie Mac
01/20/2017 - Response Requested
01/20/2017 - Motion to Dismiss Pursuant to Federal Rule of Appellate Procedure 42(b)
01/11/2017 - Order
01/10/2017 - Appellant Timothy J. Pagliara’s Unopposed Motion for an Extension of Time
12/09/2016 - Order
03/14/2016 - Complaint for Inspection of Corporate Records

Collins v. FHFA
01/17/2017 - Motion and Order for Admission Pro Hac Vice
01/17/2017 - Order
01/10/2017 - Motion and Order for Admission Pro Hac Vice
01/09/2017 - Memorandum is Support of the Motion to Dismiss by the Department of the Treasury and Jacob J. Lew
01/09/2017 - Motion to Dismiss by the Department of the Treasury and Jacob J. Lew
01/09/2017 - Memorandum of Defendants Federal Housing Finance Agency as Conservator...
01/09/2017 - Motion to Dismiss of Defendants Federal Housing Finance Agency as Conservator...
01/09/2017 - Motion and Order for Admission Pro Hac Vice
12/13/2016 - Notice of Resetting
10/20/2016 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

Miscellaneous Filings
11/28/2016 - Order
10/25/2016 - Receipt of Payment
10/19/2016 - Entry of Appearance of Michael Sammons
10/19/2016 - Notice of Docketing

Archives
December 2016
November 2016
October 2016
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
Sunday January 22nd 2017
How Steven Mnuchin Could Affect the Markets - thestreet.com

Saturday January 21st 2017
Weekend Blitz: Alibaba Stock, Rite Aid (RAD), & Fannie Mae (FNMA) Stock - BNL Finance
Petition to Immediately abolish the Net Worth Sweep of Fannie Mae(FNMA) and Freddie Mac(FMCC) - whitehouse.gov
I made a GSE Portfolio Calculator that tracks stock prices and volume - Reddit
FMMA, FMCC: Trump admin suspends FHA mortgage premium cut - Reddit

Friday January 20th 2017
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.
Peter Chapman writes, "Mr. Pagliara filed a motion in the Fourth Circuit today to dismiss his appeal with prejudice, and a copy of that motion is attached to this e-mail message. The Court has directed Freddie Mac and FHFA to respond to Mr. Pagliara's motion by Jan. 30."
New filing in the Jacobs and Hindes case, click here to view.
Peter Chapman writes, "Myron Steele, representing Messrs. Jacobs and Hindes, sent a letter to Judge Sleet today indicating that the Delaware Supreme Court's recent El Paso decision isn't quite as significant as FHFA suggests."
All Bill Information (Except Text) for H.R.298 - Fannie Mae and Freddie Mac Transparency Act of 2017 - congress.gov
Mnuchin: Fannie and Freddie 'important entities' - Washington Examiner
What’s behind Trump’s enthusiasm for GSE reform? - Euro Money
GSEs slow the pace of credit risk xfrs...via @IMFpubs - Twitter
What We’re Hearing: ...The GSE Stock Bet: Buy Low, Sell High / Is Pershing Square Losing Money on the GSEs?... - Inside Mortgage Finance
Fannie Mae, Freddie Mac stock hangs in the balance after Mnuchin privatization talks - HousingWire
RBS Said to Mull Multibillion-Dollar Charge Over U.S. Mortgages - Bloomberg Quint
Tim Pagliara comments on his lawsuit dismissal, here and here - Twitter

Thursday January 19th 2017
Treasury Secretary Confirmation Hearing - C-Span (Full Video)
Mnuchin clip with Sen. Mark Warner via @ValuInvstrToday - Twitter
U.S. Treasury Nominee Mnuchin Supports A Move Out Of Conservatorship - The Bear Traps Report
Fannie and Freddie shares go haywire following Mnuchin comments - Yahoo
Fannie Mae and Freddie Mac tumble 10% as Mnuchin disappoints bulls - Seeking Alpha
Fannie, Freddie Shares Tumble After Mnuchin Supports 'Bipartisan Solution' on Their Future - WSJ
The Price Action In Fannie, Freddie After Mnuchin's Capitol Hill Testimony, Explained - Benzinga
Fannie, Freddie tumble as Mnuchin backs away from release plan - MarketWatch
Fannie, Freddie Shares Whacked on Trump's Treasury Pick Mnuchin's Comments - The Street
Trump Treasury pick Mnuchin opposes recap and release of Fannie Mae, Freddie Mac - HousingWire
Mnuchin Says He Doesn’t Back Recap and Release of Fannie-Freddie - Bloomberg
Mnuchin Dashes Investors’ Hopes of Quick Fannie-Freddie Windfall - Bloomberg
Treasury Nominee Mnuchin Shoots Down GSE ‘Recap and Release’ Concept - Inside Mortgage Finance
Why The Fate Of Fannie And Freddie Is Tied To Trump's Pick To Head The Treasury - Benzinga
Fannie Mae’s shareholders suffer key court defeat - The Real Deal
Fannie Mae Shareholders Lose Another Round in Federal Court - WSJ
We should promote trade, not stifle it, Sen. Shelby says - CNBC
Sen. Shelby discusses the GSEs at 1:23 (He doesn't like them.)
Why FNMA Stock & FMCC Stock Owners Should Now Expect GSE Reform - BNL Finance
Former Fannie Mae CFO: Trump's Treasury pick can get Fannie out of government control ‘reasonably fast’ - Yahoo
Video featuring Former Fannie Mae CFO Tim Howard.
A Chance to Put the Sweep Behind Us and Restore the Rights of Shareholders - Investors Unite
Audio from yesterday's phone call is posted at the link above.

Wednesday January 18th 2017
New filing in the Collins case, click here to view.
2nd filing in the Collins case, click here to view.
Peter Chapman writes, "Judge Atlas entered two orders today:
(1) scheduling an initial conference with the parties for 1:00 p.m. on Mon., Mar. 13; and
(2) granting Mr. Cayne's motion to appear pro hac vice on behalf of FHFA in the Southern District of Texas."
New filing in the Deloitte case, click here to view.
Peter Chapman writes, "Judge Scola entered an order today denying the Edwards Plaintiffs' motion to remand their lawsuit to Florida state court and granting FHFA' motion to substitute, and a copy of Judge Scola's order is attached to this e-mail message.
FHFA has previously indicated, if I recall correctly, that, once substituted, it plans to withdraw this lawsuit in its entirety."
Is Steve Mnuchin The John Tower Of 2017? - Seeking Alpha
Trump Picks Rattle Housing Industry by Questioning Loan Backstop - Bloomberg
Supreme Court limits Fannie Mae's ability to take cases to federal court - HousingWire
Short Takes: Time to Worry About ‘Deferred Tax Assets’?... - Inside Mortgage Finance
A Chance to Put the Sweep Behind Us and Restore the Rights of Shareholders - Investors Unite
Keep An Eye On Fannie And Freddie Tomorrow - Benzinga
Fannie Mae Preps First Risk Transfer Deal of 2017 - National Mortgage News
Mnuchin Nears Senate Showdown With Democrats Who Can’t Block - Bloomberg
Mnuchin Faces Senate Grilling on Policies, Personal Holdings - Bloomberg
THURSDAY – Confirmation Hearing: Steve Mnuchin to be Secretary of @USTreasury... via @cspan - Twitter
Hearing to Consider the Anticipated Nomination of Steven Terner Mnuchin to be Secretary of the Treasury - senate.gov
Check back for live video of the hearing.
Miller: We're at the beginning of a benign bear market in bonds - CNBC Video

Tuesday January 17th 2017
New filing in the Piszel case, click here to view.
Peter Chapman writes, "The Federal Circuit granted the government's request for more time to respond to Mr. Piszel's en banc hearing request. The government's response is due Jan. 24, 2017."
Fannie Mae: Valuing The Preferred Versus The Common Under A Trump Privatization And Settlement - Seeking Alpha
Mnuchin Senate Committee Hearing Thursday 'Yuge' For GSE Stakeholders - Seeking Alpha by Glen Bradford
Investors Unite Pre-Inaugural Call - Investors Unite
Occurs Wednesday, January 18 at 11:00 am EST.
Ben Carson has a flash of a good idea - The Washington Post
What to do about Fannie & Freddie? How the Trump administration could change the mortgage industry - Chicago Agent Magazine
Mnuchin and Senate Gearing Up for Hearing - The M Report
Freddie Mac: Offloading More Credit Risk - DS News
Correspondent Share of GSE Business Edged Higher in 4Q16; Brokers Slumped - Inside Mortgage Finance
The Road to GSE Reform - The MReport
Reposting from yesterday. Good comment after the article from Bill Maloni.
Here's one Fannie Mae bull's take on how the GSEs can exit conservatorship - HousingWire

Monday January 16th 2017
2017 is on us with a lot at stake - Bill Maloni's GSE Blog
The Road to GSE Reform - The MReport
With Michael Stegman
Why these economists say the usual explanation for the financial crisis is wrong - The Washington Post
The GSEs are not specifically mentioned.
Here’s the U.S. Treasury’s advice on how to level the mortgage playing field - HousingWire

Sunday January 15th 2017
The Latest In The Solicitor General Sweepstakes - abovethelaw.com
"The two finalists (for Solicitor General) are George Conway and Chuck Cooper, the D.C. power lawyer..."

Friday January 13th 2017
Investors Unite Pre-Inaugural Call - Investors Unite
Occurs Wednesday, January 18 at 11:00 am EST.
Steve Mnuchin, Trump Treasury pick, to face Senate on Jan. 19 - HousingWire
Mnuchin Might Have to Wait Until February for His Final Start Date - Bloomberg
H.R.491 - To provide for the repayment of amounts borrowed by Fannie Mae and Freddie Mac from the Treasury of the United States, together with interest, over a 30-year period, and for other purposes. - congress.gov
Steve Mnuchin, Trump's Treasury Pick, Investment Could Benefit From Fannie And Freddie Restoration - Forbes
What is the Obama administration’s legacy on housing? - urban.org
Housing Finance Reform: Regulatory Oversight for a Stronger Secondary Mortgage Market - Medium
By The US Treasury Department
Premium Reduction May Give FHA Competitive Edge Over GSEs - National Mortgage News

Thursday January 12th 2017
New filing in the Roberts case, click here to view.
Peter Chapman writes, "The Roberts Plaintiffs tell Judge Chang in Chicago the same thing the Saxton Plaintiffs told Chief Judge Reade yesterday: the Delaware Supreme Court's El Paso "corporate overpayment" decision is distinguishable from this case in which our government expropriated 100% of the economic value of citizens' GSE securities."
New filing in the Saxton case, click here to view.
Peter Chapman writes, "The Saxton Plaintiffs distinguish their case pending in Iowa from the El Paso case recently decided by the Delaware Supreme Court in a response delivered to Chief Reade."
What would privatizing Fannie and Freddie mean for you? - Fox Business Video
All Forty (40) Tickers for $FNMA and $FMCC with Analytics - Reddit
Carson Says 30-Year Mortgage May Not Need a Government Backstop - Bloomberg
Carson aced his confirmation hearing — get ready for less government in housing - MarketWatch
Watch Live Stream: Ben Carson's Confirmation Hearing For Secretary Of Housing And Urban Development - patch.com
HUD Nominee Carson to Take ‘Holistic’ Approach to Housing - ABA Banking Journal
A Financial Mystery Emerges. Its Name? Steven T. Mnuchin Inc. - NY Times

Wednesday January 11th 2017
New filing in the Roberts case, click here to view.
Peter Chapman writes, "Assistant U.S. Attorney Alex Hartzler filed a notice today indicating that he is replacing AUSA Lidow in Roberts v. FHFA pending before Judge Chang in Chicago."
New filing in the Pagliara v. Freddie Mac case, click here to view.
Peter Chapman writes, "The Fourth Circuit granted Mr. Pagliara's request for more time to file his opening brief. As a result:
(A) Feb. 16 is the deadline for Mr. Pagliara to file his Opening Brief and an Appendix;
(B) Mar. 23 is the deadline for Freddie Mac and FHFA to file their Responses; and
(C) Apr. 6 is the outside deadline for Mr. Pagliara to file a Reply."
New filing in the Piszel case, click here to view.
Peter Chapman writes, "The government wants seven additional days to file a response to Mr. Piszel's en banc rehearing request."
The Legal Twist For A Political GSE Resolution - Seeking Alpha by Glen Bradford
Housing Policy Past and Future: Lessons Learned through the Crisis and the Path Forward - urban.org
Urban Institute Events: Housing Policy Past and Future - ustream.tv
Kroll: Here’s why the GSEs can’t (and shouldn’t) be privatized - HousingWire
Mnuchin Has Stake in Fund That Would Gain From Fannie Mae Revival - WSJ
Treasury Nominee Mnuchin Owns a Stake in Fannie & Freddie (Indirectly) - Inside Mortgage Finance
Mnuchin says he will divest interests in... via @Zachary - Twitter
Trump’s Treasury pick to divest assets after office confirmation - HousingWire
Keep Fannie Mae and Freddie Mac Until They Are No Longer Needed - The Huffington Post
Freddie Mac Leads Nation as Top Multifamily Lender for Second Year in a Row - Yahoo
Nonagency MBS issuance drops 35%... via @IMFpubs - Twitter
Here's what really caused the housing crisis - CBS News
ICYMI: Tim Pagliara’s Scotsman’s Guide Q&A - Investors Unite

Tuesday January 10th 2017
New filing in the Collins case, click here to view.
Peter Chapman writes, "Judge Atlas welcomed Ms. Kishore to the Southern District of Texas this afternoon, and a copy of her order approving Ms. Kishore's motion to appear pro hac vice is (linked above)."
New filing in the Perry case, click here to view.
Peter Chapman writes, "Hamish Hume, representing the Class Plaintiffs, sent a letter to the D.C. Circuit today further deflating FHFA's balloon based on the Delaware Supreme Court's recent El Paso decision."
New filing in the Pagliara v. Freddie Mac case, click here to view.
Peter Chapman writes, "Mr. Pagliara is asking the Fourth Circuit for 30 more days to file his opening brief. Mr. Pagliara expresses his hope that the new administration will change course with the GSEs and moot his appeal."
Investors: GSE reform starts by ending profit sweeps - Scotsman Guide
Is the Common Securitization Platform Legal? - Fiderer on GSEs
Sanity, Honesty and Respect for the Rule of Law Are Needed in Housing Policy - Investors Unite
Fannie Mae: What If Steve Mnuchin Isn't Confirmed By The Senate? - Seeking Alpha
Jamie Dimon On Fannie Mae and Freddie Mac - Valuewalk
KBRA: Don’t Remove Government Backing from Mortgages - The MReport
Fannie, Freddie Are Off the Mat; Now What? The Street
Subscription required for full access.
Thoma: "Here's what really caused the housing crisis" - Calculated Risk Blog

Monday January 9th 2017
New filing in the Jacobs and Hindes case, click here to view.
Peter Chapman writes, "FHFA, Fannie and Freddie sent a letter to Judge Sleet this afternoon alerting him to the recent El Paso decision from the Delaware Supreme Court (and urging his to discount Messrs. Jacobs and Hindes' opposition to the motions to dismiss their complaint)."
New filing in the Collins case, click here to view.
Peter Chapman writes, "Deepthy Kishore submitted her request to appear pro hac vice on behalf of Treasury today."
More filings in the Collins case.
Peter Chapman writes, "FHFA and Treasury filed their motions to dismiss this evening, and copies of those super-sized documents are (linked below):
http://bankrupt.com/misc/16-cv-03113-0023.pdf
http://bankrupt.com/misc/16-cv-03113-0024.pdf
http://bankrupt.com/misc/16-cv-03113-0025.pdf
http://bankrupt.com/misc/16-cv-03113-0026.pdf
FHFA opposes the Collins Plaintiffs' armchair quarterbacking, says GSE shareholders have "no shareholder rights or interests to assert" no matter what, and is dismissive of the Collins Plaintiffs' constitutional challenges. Treasury echoes many of FHFA's arguments and encourages Judge Atlas to blindly follow Judge Lamberth's decision dismissing shareholder complaints about the Third Amendment."
New filing in the Saxton case, click here to view.
Peter Chapman writes, "FHFA, Fannie, Freddie and Treasury alerted Chief Judge Reade to the Delaware Supreme Court's recent El Paso decision as additional authority in support of their motions to dismiss the Saxton Plaintiffs' complaints."
New filing in the Roberts case, click here to view.
Peter Chapman writes, "FHFA and Treasury told Judge Chang today that the El Paso recent decision from the Delaware Supreme Court undercuts the Roberts Plaintiffs' arguments that their claims are direct."
Privatizing Fannie Mae and Freddie Mac: How It Can Be Done Effectively - wharton.upenn.edu
Jeb Hensarling comments on the GSEs via @Woellert - Twitter
Trump’s Cabinet picks undergo grueling prep for hearings - Politico
"Chuck Cooper, a former assistant attorney general in Ronald Reagan’s Justice Department and a prominent Supreme Court litigator, is helping Sessions prep. Sessions has participated in multiple mock hearings since Trump announced his appointment on Nov. 18, even staying in Washington over the Christmas holiday to prepare."
Nine Trump Nominees Who’ll Face Extreme Vetting by Democrats - Bloomberg
Freddie Mac Transfers Risk on $215 Billion of Single-Family Mortgages in 2016 - Yahoo
A More Promising Road to GSE Reform: Access and Affordability - urban.org
By Jim Parrott, Lewis Ranieri, Gene Sperling, Mark M. Zandi, and Barry Zigas
What They Are Saying: Treasury Nominee Mnuchin Receives Praise From Senators - greatagain.gov

Sunday January 8th 2017
Making Housing Sane Again - WSJ
Kroll Bond Rating Agency Publishes Research: “Housing Reform 2017: Can the GSEs be Privatized?” - businesswire.com
The report requires a login, but it's free to sign up.

Saturday January 7th 2017
15 Stocks to Double In 2017: TWTR, LC, FNMA, FMCC, SBGL - BNL Finance
Investors urge Trump to back Fannie-Freddie restitution vs. bank 'Establishment' - philly.com
Reposted from Thursday. The article was updated on Friday.

Friday January 6th 2017
Now Everybody Is Talking About Ending the Conservatorship - Investors Unite
Sente Mortgage chief executive talks housing under Trump (Part 1) - Boston Agent Magazine
Nicklaus: Privatize mortgage finance, but don't reward the vulture capitalists - stltoday.com
What We’re Hearing: What’s Up with Walter Investment? / MSR ‘Mark-up’ Mania / Rates Heading South, a Bit / Layoff Rumors and Actual Layoffs / Bad News for GSE ‘Recap and Release’? - Inside Mortgage Finance
How the Trump administration can continue progress in U.S. housing - The Washington Post
Reposting from yesterday. Some good comments after the article.

Thursday January 5th 2017
Keeping Watch on Risk Sharing as the 115th Congress Gets Underway - Investors Unite
Investors urge Trump to back Fannie-Freddie restitution vs. bank 'Establishment' - philly.com
"That makes it more likely Fannie and Freddie will come out from government control and resume their old status as private companies ..."
How the Trump administration can continue progress in U.S. housing - The Washington Post
By Mark Zandi
Trump Bump May Be Overdone for Fannie and Freddie - WSJ
"Stealth privatization" of GSEs likely - KBW - Seeking Alpha
Final GSE MBS Tally for 4Q16: Just Shy of $300 Billion; Best Quarter Since 2Q13 - Inside Mortgage Finance
Under a Trump Presidency, Here's What to Expect from His Promises - The Street

Wednesday January 4th 2017
New filing in the Robinson case, click here to view.
Peter Chapman writes, "The Sixth Circuit granted Ms. Robinson's request for more time to file her opening brief, and the Court established this new briefing schedule:
-- Ms. Robinson's opening brief is due Feb. 10, 2017;
-- FHFA and Treasury's opening briefs are due Mar. 13, 2017; and
-- Ms. Robinson's reply brief is due by Mar. 27, 2017."
New notation in the Saxton case. Peter Chapman writes, "The Clerk made a notation on the docket sheet in Saxton v. FHFA yesterday saying, 'Magistrate Judge Kelly Mahoney added. Clerk checked for conflicts - none found. Magistrate Judge Jon S Scoles no longer assigned to case.'"
Economics Trumping Politics - Howard on Mortgage Finance
GSEs Have Been Ill-Served by Balance Sheet Equity 'Experiment' - National Mortgage News
By David Fiderer
Unprecedented Real Estate Investor Representation at Fannie Mae - PR Newswire
Envisioning a Fannie and Freddie Endgame - WSJ
Impact of Asset Securitisation: Special Report by Jonathon Taylor - greatreporter.com
How Trump's Appointees Could Make Him Even Richer - Investopedia
How the Trump Presidency Will Impact Housing in 2017 - nerdwallet.com
Fannie Mae’s Mortgage Portfolio Shrinks Further - The MReport
The Big Short and The Big Lie - New Boston Post

Tuesday January 3rd 2017
Fannie Mae: The FHFA Privilege Log And The Potential For SPSPA Fraud - Seeking Alpha
Future Fannie Mae And Freddie Mac Grow Brighter Into 2017 - Seeking Alpha by Glen Bradford
Because It's The Right Thing To Do: Restructuring The SPSPAs - Seeking Alpha by Wayne Olson
The future of Fannie & Freddie under Trump - marketplace.org
Trump VS FED - Privatization of Fannie Mae & Freddie Mac a HUGE Profit Opportunity - Youtube
GSE talk at 12:07. Featuring Nicholas Green, CEO of FMT Advisory.
Conforming Loan Limits Map - fhfa.gov
Mnuchin Declines Reply to Brown’s Letter Before Panel Review - Bloomberg
GSE reform faces coin-toss odds - Scotsman Guide
Featuring Michael Bright
Freddie Mac offloads $285m in credit risk to insurers - HousingWire

Monday January 2nd 2017
Fannie Mae & Freddie Mac: Why Selling FNMA Stock Or FMCC Stock In 2017 Is A Bad Idea - BNL Finance

Sunday January 1st 2017
FHFA's Case For Zero Equity GSEs - Fiderer on GSEs
Trump's VP vetter says allegations over Corker financial dealings 'groundless' - Chattanooga Times Free Press





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