Wednesday July 18 2018
New filing in Bhatti vs. FHFA, click here to view.
Peter Chapman writes, “The Eighth Circuit received and docketed the Bhatti Plaintiffs’ appeal asking for review of Judge Schiltz’s order dismissing their lawsuit in Minnesota. The Eighth Circuit has directed the Bhatti Plaintiffs to file their opening brief by Sept. 4, 2018.”
Tuesday July 17 2018
New filing in Collins vs. FHFA, click here to view.
Peter Chapman writes, “The Fifth Circuit released its opinion today finding that FHFA is unconstitutionally structured. Nevertheless, the Fifth Circuit also finds that sec. 4617(f) of HERA blocks shareholders from complaining about the Net Worth Sweep while the GSEs are in conservatorship. The three judges serving on the panel reviewing Judge Atlas’ decision don’t see eye-to-eye on everything.”
Monday July 16 2018
Junior preferred shareholder-plaintiff Josh Angel released a paper following FHFA, Fannie and Freddie’s filing of their motion to dismiss his lawsuit. In this paper, Mr. Angel outlines his reasoning that the GSEs’ preferred Read More