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

Message Boards
Google Groups
Google Groups #2
iHub - FNMA
iHub - FMCC
Yahoo Message Board
Corner of Berkshire & Fairfax Message Board

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

Fannie & Freddie Secrets
Stocktwits - FNMA
Stocktwits - FMCC
Seeking Alpha - FNMA
Seeking Alpha - FMCC
Investors Unite
Insiders' Game - Fannie Mae & Freddie Mac
GSE Opinions
Free Fannie Mae Facebook Page

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)
@30yrdream @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 (Bloomberg)
@nsintichakis @MarkCalabria (Cato Institute)
@D2_Duncan @levinsonc (Reuters)
@QTRResearch @jerome_corsi (Infowars)
@FannieGate101 Government
@mrfidlsticks @POTUS
@PTashner @realDonaldTrump
@LetgoofmyFannie @SenShelby
@BuchmanCraig @MaxineWaters
@denverprinter @MikeCapuano
@WildTwins1 @RepHensarling
@cevoltz @FSCDems
@TrainReckt @FinancialCmte
@jeremycain_usc @SenBobCorker
@timpagliara @kenblackwell
@Patswil @stevenmnuchin1

Short Sales: Short Sales:
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 -
Questions and Answers on Conservatorship -

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 -

Fairholme v. U.S.
06/26/2017 - Order
06/19/2017 - Notice
06/15/2017 - Order
07/09/2013 - Fairholme's Complaint

Perry v. Mnuchin
06/02/2017 - Response of Appellees Federal Housing Finance Agency, Melvin L. Watt, Fannie Mae, and Freddie Mac to Petitions for Panel Rehearing
06/02/2017 - The Treasury Department’s Response to the Class Plaintiffs’ Petition for Panel Rehearing
04/24/2017 - Order
04/18/2017 - Order
04/10/2017 - Notice of Withdrawal of Counsel for Amicus Curiae Jonathan R. Macey

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

Saxton v. FHFA (Iowa)
06/27/2017 - Brief for the Treasury Department
06/27/2017 - Brief of Defendants-Appellees the Federal Housing Finance Agency, as Conservator for Fannie Mae and Freddie Mac, and FHFA Director Melvin L. Watt
06/23/2017 - Appearance
05/24/2017 - Addendum of Brief of Plaintiffs-Appellants
05/24/2017 - Brief of Plaintiffs-Appellants
05/28/2015 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief and Damages

Washington Federal v. U.S.
03/22/2017 - Notice of Appearance of Additional Attorney for Plaintiffs
03/11/2016 - Joint Status Report
02/26/2016 - Judge Sweeney Order
06/10/2013 - Washington Federal Original Complaint

Rafter v. U.S.
02/09/2017 - Order
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.
02/09/2017 - Order
09/18/2013 - Arrowood Indemnity Initial Complaint

Jacobs and Hindes v. FHFA (Delaware)
06/16/2017 - Plaintiffs’ Brief in Opposition to Defendants’ Motions to Dismiss the First Amended Complaint
08/17/2015 - Class Action and Derivative Complaint

Piszel v. U.S.
06/08/2017 - Brief of the Cato Institute and the Southeastern Legal Foundation as Amici Curiae in Support of Petitioner
05/09/2017 - Petition for a Writ of Certiorari
05/09/2017 - Petition for a Writ of Certiorari
06/12/2015 - Memorandum Opinion and Order 

Robinson v. FHFA (Kentucky)
06/27/2017 - Order
06/22/2017 - Unopposed Motion to Enlarge Oral Argument Time to Twenty Minutes Per Side
06/08/2017 - Notice of Oral Argument at 9:00 a.m. on Thursday, July 27, 2017
05/24/2017 - Letter to the Court
10/23/2015 - Plaintiff’s Complaint for Declaratory and Injunctive Relief

Roberts v. FHFA (Illinois)
06/13/2017 - Order
06/13/2017 - Unopposed Motion for a 30-Day Extension of Time to File Response Briefs
03/20/2017 - Judgment in a Civil Case
03/20/2017 - Memorandum Opinion and Order
02/10/2016 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

Reid v. U.S.
02/09/2017 - Order
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
06/22/2017 - Notice of Filing
06/22/2017 - Initial Appeal
06/19/2017 - Judgment in a Civil Action
06/13/2017 - Defendant’s Response to Shareholders’ Motion for an Order Directing the Clerk to Enter Judgment
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
03/09/2016 - Initial Complaint

Pagliara v. Fannie Mae
05/31/2017 - Opinion
05/01/2017 - Court of Chancery Judicial Action Form
05/01/2017 - Additional Documents #4
05/01/2017 - Additional Documents #3
03/14/2016 - Verified Complaint

Pagliara v. Freddie Mac
01/30/2017 - Rule 42(b) Mandate
01/30/2017 - Order
01/30/2017 - Appellees’ Response to Motion to Dismiss Pursuant to Federal Rule of Civil Procedure 42(b)
03/14/2016 - Complaint for Inspection of Corporate Records

Collins v. FHFA
06/09/2017 - Letter from the Court
05/30/2017 - Notice of Appeal
05/25/2017 - Notice of Appeal
05/22/2017 - Final Judgment
05/22/2017 - Memorandum and Order
10/20/2016 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

Rop v. FHFA
06/06/2017 - Summons in a Civil Action
06/05/2017 - Notice Regarding Assingment of Case
06/01/2017 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

Bhatti v. FHFA
06/22/2017 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

May 2017
April 2017
March 2017
February 2017
January 2017
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
Wednesday June 28th 2017
New filing in the Piszel case, click here to view.
Peter Chapman writes, "The Cato Institute filed a brief this month urging the U.S. Supreme Court to accept Mr. Piszel's petition for review of the Federal Circuit's ruling upholding dismissal of his takings claim."
New filing in the Robinson case, click here to view.
Peter Chapman writes, "The Sixth Circuit rejected the government's request for additional time to entertain oral argument at the hearing in Cincinnati on Thurs., July 27. FHFA will have 7-1/2 minutes to argue its case and Treasury will have 7-1/2 minutes, or FHFA and Treasury can decide between themselves how to divide those 15 minutes in a different way."
Reinventing the Wheel on Fannie and Freddie Won’t Mean a Smooth Ride - Investors Unite
Short Takes: Uncle Sam will be $5B Richer on Friday (GSE Money) / Zilch for the Others / Break Up Fannie and Freddie?... - Inside Mortgage Finance
Main Street GSE Reform Coalition Common GSE Reform Principles Introduction -
NAR Asks FHFA to Allow GSEs to Build Capital; Treasury and Panels Get CC’d - Inside Mortgage Finance
Small lenders and affordable housing groups issue joint GSE reform proposal - HousingWire
Individuals With Access To Protected Information In Fairholme v. U.S. –
Small lenders, consumer groups offer GSE reform alternative - National Mortgage News
Subscription required for full access.

Tuesday June 27th 2017
New filings in the Saxton case.
Brief for the Defendants - FHFA
Brief for the Treasury Department
Peter Chapman writes, "The Clerk released FHFA and Treasury's briefs filed last week in the Eighth Circuit today. FHFA makes its position clear that HERA gives it the power to do whatever it wants, it has, FHFA is not like any common-law conservator, and nobody -- no GSE shareholder, no legislator, no Administration official, and no judge -- can second-guess FHFA's decisions and actions."
Senators Considering Breaking Fannie-Freddie Into Pieces, Sources Say - Bloomberg
Latest congressional plan would break Frannie into pieces - Seeking Alpha
A Republican and a Democrat team up to split Fannie Mae and Freddie Mac - CNBC
Two senators consider breaking up Fannie, Freddie - HousingWire
Curtain May be Rising on Another GSE Drama - Mortgage News Daily
BankThink Small lenders need to be in room where GSE debate happens - American Banker
Poll: Industry Wants Fannie and Freddie Preserved with ‘Existing Operations’ - Inside Mortgage Finance
Letter from NAR to Director Watt via @the_CMLA - Twitter
Direct link to letter
The tricky calculus of housing finance reform - American Banker
Subscription required for full access.

Monday June 26th 2017
New filings in the Deloitte case.
Initial Appeal
Notice of Filing
Peter Chapman writes, "The Edwards Plaintiffs delivered a Notice of Appeal to the District Court last week, and the Clerk for the U.S. Court of Appeals for the Eleventh Circuit in Atlanta, Ga., assigned No. 17-12852 to the appellate proceeding."
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Judge Sweeney entered an order today directing the parties to file a status report by June 30 indicating a projected date for wrapping up discovery."
New filing in the Robinson case, click here to view.
Peter Chapman writes, "FHFA and Treasury are asking the Sixth Circuit for five additional minutes of oral argument at the hearing in Cincinnati on Thurs., July 27. Ms. Robinson won't oppose the request."
The Right Choice on Capital - Howard on Mortgage Finance
Fannie Mae transfers risk on $19.8 billion in single-family loans - HousingWire

Friday June 23rd 2017
New information in the Bhatti case.
Peter Chapman writes, "The Honorable Patrick J. Schiltz has been assigned to preside over Bhatti v. FHFA and Magistrate Judge Hildy Bowbee will handle nondispositive matters arising in the litigation. Judge Schiltz was appointed to the bench by George W. Bush in 2006, and served as a law clerk to Justice Scalia in both the D.C. Circuit and the U.S. Supreme Court.
The Court docket indicates that summonses were served on FHFA and Treasury and answers or motions to dismiss are due by Aug. 21, 2017."
Policymakers forget duty to protect taxpayers from financial failures - The Hill
By Josh Rosner
NAFCU Details Goals for Housing Policy Reforms - National Mortgage Professional
What We’re Hearing:...The GSE Hearings Commence / Sen. Mark Warner’s Constituents (Freddie Employees) - Inside Mortgage Finance
Freddie Mac Monthly Volume Summary May 2017 -
Freddie Portfolio On the Rise Again - DS News

Thursday June 22nd 2017
New lawsuit filed. Bhatti v. FHFA. Click here to view.
Peter Chapman writes, "Three GSE shareholders filed a fresh lawsuit in the U.S. District Court for the District of Minnesota today. The Bhatti Plaintiffs are represented by Scott D. Knudson at Briggs and Moran, P.A., in Minneapolis. The Bhatti Plaintiffs want the Court to vacate and set aside the third amendment, declare that FHFA's structure is unconstitutional, and strike HERA's provisions that FHFA interpret to empower it to do whatever it wants with the GSEs and their assets."
Without Freddie and Fannie, could 30-year mortgage be a thing of the past? -
Policymakers feel something new on housing finance reform: Optimism - American Banker
Subscription required for access.
Details Of Fairholme Conference On Fannie Mae Announced - Valuewalk
Principles of Housing Finance Reform -
Occurs June 29th at 10:00 AM. Featuring David H. Stevens, Ed DeMarco, and Michael D. Calhoun.
For Fannie and Freddie, appraisals are not always necessary - Washington Post
Delinquent GSE Mortgages Fall to Lowest Level Since 2008 - ABA Banking Journal

Wednesday June 21st 2017
Bond Market Concerns Could Scuttle Paulson’s Fannie-Freddie Plan - Bloomberg
Hensarling thinks best plan for GSE reform is his own... via @Woellert - Twitter
Jeb Hensarling tells bankers ending Fannie and Freddie is still the best path forward - Washington Examiner
Fannie Mae announces winners of latest non-performing loan sale - HousingWire
Sen. Warner: GSE Reform Could Come Before Dodd-Frank - Inside Mortgage Finance
A housing update from Washington, D. C. -
Sessions hires his own lawyer - The Hill
No mention of the GSEs.

Tuesday June 20th 2017
Freddie Mac Securitization Could Help the Affordable Housing Challenge - National Real Estate Investor
Nonbanks to FHFA: We’d Rather You Didn’t Examine Us - Inside Mortgage Finance
MBA Objects to FHFA Non-Bank Servicer Proposal - Mortgage News Daily
Short Takes: loanDepot Beefs Up Social Media Research / Fairholme Attorney on the Phone... - Inside Mortgage Finance
5th Circ. Says Fannie Shareholder's Claim Belongs In CFC -
Subscription required for access.

Monday June 19th 2017
New filings in the Sammons v. U.S. case (W.D. of Texas).
Peter Chapman writes, "The Fifth Circuit entered its opinion and judgment today declining Mr. Sammons' bid to litigate his takings claims in District Court."
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Judge Sweeney notified the parties in Fairholme v. U.S. that she's aware of the Sixth Circuit's May 31 decision in Brott v. U.S., No. 16-1466, upholding the constitutionality of the Tucker Act, presumably in response to Mr. Sammon's prior filings in this case. A copy of the Sixth Circuit's decision is posted at which you'll recall the government tendered to the Fifth Circuit earlier this month in Sammons v. U.S."
New filing in the Deloitte case, click here to view.
Peter Chapman writes, "Judge Scola entered the judgment the Edwards Plaintiffs requested, and a copy of the judgment entered this afternoon is (linked above)."
Berkowitz Says Fannie-Freddie Legal Fight May Go Five More Years - Bloomberg
FHFA to Seek Authority to Examine Nonbank GSE Servicers - Inside Mortgage Finance
Freddie Mac MSR Changes Hands; Fannie Mae to Follow? - DS News

Friday June 16th 2017
New filing in the Jacobs and Hindes case, click here to view.
Peter Chapman writes, "Messrs. Jacobs and Hindes filed their brief opposing FHFA, Fannie Mae and Treasury's motions to dismiss this afternoon. Messrs. Jacobs and Hindes tell Judge Sleet that, contrary to FHFA, Fannie Mae and Trasury's positions, there is no federal corporate law relevant to this case. Corporate law is a function of state law -- Delaware corporate law in this case, because Fannie Mae elected to follow it -- because there is no such thing as federal corporate law. The Net Worth Sweep is both absurd and illegal, Messrs. Jacobs and Hindes tell Judge Sleet, because no state allows a corporation to contract away all of its net worth in perpetuity. The Third Amendment was invalid when it was executed and should be judicially voided today. And because FHFA and Treasury entered into an illegal agreement, HERA doesn't insulate them from GSE shareholder litigation. The government's sovereign immunity and issue preclusion defenses are, well, silly, Messrs. Jacobs and Hindes add in so many words. Messrs. Jacobs and Hindes urge Judge Sleet to deny FHFA, Fannie Mae and Treasury's motions to dismiss and allow a jury to review the evidence in a trial and, based on that evidence, reach a conclusion about whether the Third Amendment should stand or fall.
A copy of Messrs. Jacobs and Hindes' brief is (linked above) and the voluminous exhibits are posted at"
What We’re Hearing: ... Bruce Berkowitz Plans to Ride it Out - Inside Mortgage Finance
Infowars Nightly News: David Knight Thursday 6/15/17: Today's News, Analysis, & Reports - Youtube
A Historic Shift? Ginnie Mae is Now No. 2 in MBS Outstanding. Should Fannie Worry? - Inside Mortgage Finance
FHFA Drops Optimistic 2016 Report to Congress - DS News
Fairholme Announces Update On Fannie Mae - Valuewalk

Thursday June 15th 2017
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Judge Sweeney entered an order this afternoon granting the government's request to amend its status report disclosing that it has released 3,500 of the 11,000 documents it previously withheld from Fairholme's lawyers."
Mnuchin v. Perry's Disastrous Damage Rules - Forbes
By Richard Epstein
2016 Report to Congress -
Regulation is the Issue in Housing Finance -
Why Bill Ackman Bought Fannie Mae and Freddie Mac, and Why You Shouldn't - The Motley Fool
The Impetus for GSE Reform - CATO Institute
U.S. Fed buys $4.7 billion of mortgage bonds, sells none - Reuters

Wednesday June 14th 2017
Is A GSE Bonanza Imminent? - Seeking Alpha by Glen Bradford
Fannie Mae and Freddie Mac are Actively Dangerous SIFIs - American Action Forum
Nation’s Biggest Banks Fret Over Being Too Capital-Rich - Investors Unite
My Interview With Fairholme's Bruce Berkowitz - Seeking Alpha
Royal Bank (RBS) Nears Mortgage Bond Settlement with FHFA -

Tuesday June 13th 2017
New filings in the Rop case.
Peter Chapman writes, "The Honorable Paul L. Maloney in Kalamazoo, Mich., will preside over the Rop Plaintiffs' lawsuit and the Clerk issued summonses to FHFA and Treasury last week. Copies of the court papers reflecting that activity are (linked above)."
New filings in the Roberts case.
Peter Chapman writes, "Because the government's lawyers are busy and because of summer vacation plans, Treasury needs more time to prepare and file its brief responding to the Roberts Plaintiffs. Accordingly, with the Roberts Plaintiffs' consent, the Seventh Circuit granted the government a 30-day extension. Treasury and FHFA's briefs are now due by Aug. 7, and the Roberts Plaintiffs' reply brief is now due by Aug. 21."
New filings in the Deloitte case.
Peter Chapman writes, "FHFA tells Judge Scola no more Court-generated paperwork is necessary and urges him to decline the Edwards Plaintiffs' request for a separate formal judgment. Deloitte supports FHFA's position, and copies of FHFA and Deloitte's responses are (linked above)."
Bank Proposes End To Obamacare Looting Scheme - Infowars
No Mortgage/GSE Reform This Year, Maybe No Bill Either - Inside Mortgage Finance
Freddie Mac Prices Fourth STACR Deal of 2017 - Market Wired
Fannie Mae names winner of third reperforming loan sale transaction - HousingWire
Fannie Mae Executive to Fill Vacant Treasury Department Seat? - The MReport
New salvo fired in fight for equitable home loans - The Philadelphia Tribune

Monday June 12th 2017
Monday Morning Cup of Coffee: Fannie Mae general counsel appointed to Treasury - HousingWire
Fannie Mae Shareholder Litigation Ongoing - Yahoo
RBS Nearing $4.5 Billion Settlement Over Mortgage-Backed Securities Sales - TheStreet

Saturday June 10th 2017
Fannie Mae's Brooks to Be Nominated U.S. Deputy Treasury Secretary - Axios - NY Times

Friday June 9th 2017
New filing in the Collins case, click here to view.
Peter Chapman writes, "The Clerk for the Fifth Circuit advised the Collins Plaintiffs today that their opening brief is due by July 19, 2017."
New GSE proposal seeks to fill capital void - American Banker
Michael Bright in line for No. 2 slot at @GinnieMaeGov via @Woellert - Twitter
Fannie Mae announces latest NPL sale winners - HousingWire
What We’re Hearing: ...GSE Investors Unite? / Hoping Mnuchin Will Deal?... - Inside Mortgage Finance
GSE reform must include affordable housing – civil rights groups -

Thursday June 8th 2017
New filing in the Roberts case, click here to view.
Peter Chapman writes, "The Roberts Plaintiffs delivered their opening brief to the Seventh Circuit this week in their continuing effort to unwind the net worth sweep, "Any interpretation of HERA this Court adopts will apply with equal force to the provisions of FIRREA that govern bank conservatorships and receiverships," the Roberts Plaintiffs caution the Seventh Circuit in the penultimate paragraph of their opening brief. "If federal conservators are held to have the unchecked power to nationalize their wards, no matter how profitable, it will be much more difficult for banks and other financial institutions to raise capital during future periods of economic instability. The cost of capital for troubled financial institutions will rise, financial regulators' work will become more difficult, and the number of bank failures will increase. While the Net Worth Sweep has so far been immensely profitable for the federal government -- reducing the federal deficit by $130 billion thanks to excess 'dividend' payments -- regulators may live to regret the precedent Defendants ask this Court to establish."
New filing in the Robinson case, click here to view.
Peter Chapman writes, "The Sixth Circuit will hear a half-hour of oral argument in Robinson v. FHFA at 9:00 a.m. on Thurs., July 27, in Cincinnati."
New filing in the Sammons v. U.S. case (in the Western District of Texas), click here to view.
Peter Chapman writes, "The government delivered a copy of a decision from the Sixth Circuit in Brott v. U.S. dated May 31, 2017, to the Fifth Circuit this past week. In that case, the Sixth Circuit told a group of 23 landowners that the Tucker Act is constitutional, they are not entitled to a jury trial (unless they want to reduce their claims to $10,000), and the Court of Federal Claims is the only tribunal with authority to award them compensation for the land that was taken from them for a public recreational purpose."
Core Logic Risk Summit -
Occurs July 30th to August 1st, with Ed Demarco speaking.
Fannie Mae (FNMA) Stock & Freddie Mac (FMCC) Stock: Buy More, Cash Out, or Keep Holding? - BNL Finance
Guest Blog: Hot Ohio Housing Market Draws New Focus on Affordability -
The author endorses the MBA's housing finance reform plan.

Wednesday June 7th 2017
As capital dwindles, trouble looms for Fannie Mae and Freddie Mac - The Hill
The Unsolved Case of Fannie Mae and Freddie Mac - The Huffington Post
The Future of Fannie and Freddie - Commercial Observer
Yes, it's time for the big banks to break up, says long-time analyst Dick Bove - CNBC
Poll: Senator Bob Corker May Be In Trouble With Tennessee Republican Primary Voters - The Tennessee Star
Not GSE related.

Tuesday June 6th 2017
The Path Forward - Howard on Mortgage Finance
NotAHedgeFund - Scribd
Also follow #NotAHedgeFund on Twitter
How to Stop Obamacare Revealed -  Infowars
When it Comes to GSE Reform, It’s All About the Government Guarantee - Inside Mortgage Finance
RE: Preserve the GSE Affordable Housing Goals in Housing Finance System to Ensure Fair Access for All Creditworthy Borrowers -
GSEs: Where Should the Money Go? - DS News
Bankers at odds over GSE recapitalization proposal - National Mortgage News
Subscription required for access.

Monday June 5th 2017
Finally, a Bold New Proposal to Break the Impasse on GSE Reform - Investors Unite
Capital Alpha Says Turbulence Ahead for GSE Investors - Inside Mortgage Finance
Fannie/Freddie Business Up 6.3 Percent in May; Purchase Business a Standout - Inside Mortgage Finance
Fannie, Freddie Investors Wrong On DC Circ. Order, Feds Say - Law360
Subscription required for full access.

Sunday June 4th 2017
New filings in the Perry case.
Peter Chapman writes, "Copies of FHFA and Treasury's responses to the Class Plaintiffs' request that the panel D.C. panel reconsider the portion that would discriminate against GSE shareholders based on the date they purchased their shares are (linked above). FHFA believes that discrimination is appropriate because new contracts are formed in the secondary market every time a security is bought and sold. FHFA's position would seem to have the prospect of upending U.S. capital markets."

Friday June 2nd 2017
A new lawsuit has been filed, Rop v. FHFA, click here to view.
Peter Chapman writes, "Three GSE shareholders filed a fresh lawsuit in the U.S. District Court for the Western District of Michigan yesterday. The Rop Plaintiffs are represented by Matthew T. Nelson at Warner Norcross & Judd LLP in Grand Rapids. The Rop Plaintiffs want the Court to vacate the third amendment, declare that FHFA's structure is unconstitutional, strike HERA's provisions that FHFA says insulate it from GSE shareholder litigation."

Thursday June 1st 2017
New filing in the Pagliara v. Fannie Mae case, click here to view.
Blueprint for Restoring Safety and Soundness to the GSEs -
Restoring Safety and Soundness to the GSEs - Scribd
Paulson, Blackstone Said to Back Plan to Free Fannie-Freddie - Bloomberg
John Paulson's prescription for Fannie, Freddie -
Shareholders: GSE reform can happen quickly - Scotsman Guide
Blackstone, Paulson back new proposal for Fannie, Freddie privatization - The Real Deal
Secretary of Housing Carson: Familiar with Blackstone and its... - CNBC Video

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