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


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

Blogs
Howard on Mortgage Finance
Fiderer on GSEs
Bill Maloni
The Truth about Fannie and Freddie
REFinBlog
Fannie Mae Shareholders - Blogspot
FHFA Insights

Other
Fannie & Freddie Secrets
Stocktwits - FNMA
Stocktwits - FMCC
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)
@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
@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
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.
10/23/2017 - Opinion and Order
10/16/2017 - Petition for a Writ of Certiorari
10/17/2017 - Joint Status Report
09/06/2017 - Defendant’s Response to Plaintiffs’ Second Motion to Compel
07/09/2013 - Fairholme's Complaint

Perry v. Mnuchin
10/17/2017 - Petition for a Writ of Certiorari
09/14/2017 - Notice of Appearance
07/17/2017 - Order

Cacciapalle v. U.S.
10/19/2017 - Petition for a Writ of Certiorari
03/14/2016 - Joint Status Report
06/13/2013 - Class Action Complaint

Saxton v. FHFA (Iowa)
10/11/2017 - Letter to the Court
10/10/2017 - Letter to the Court
07/12/2017 - Reply 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.
08/30/2017 - Notice of Withdrawal of Appearance
08/30/2017 - Notice of Appearance
02/09/2017 - Order
09/18/2013 - Arrowood Indemnity Initial Complaint

Jacobs and Hindes v. FHFA (Delaware)
09/29/2017 - Plaintiffs’ Reply in Support of Their Motion for Judicial Notice of Documents…
09/22/2017 - FHFA, Fannie Mae, and Freddie Mac’s Opposition to Plaintiffs’ Motion for Judicial Notice or, in the Alternative, to Strike
09/22/2017 - Department of the Treasury’s Response in Opposition to Plaintiffs’ Motion for Judicial Notice or, in the Alternative, to Strike
08/17/2015 - Class Action and Derivative Complaint

Piszel v. U.S.
08/22/2017 - Reply Brief of Petitioner
08/11/2017 - Brief for the United States in Opposition
06/12/2015 - Memorandum Opinion and Order 

Robinson v. FHFA (Kentucky)
10/06/2017 - Letter to the Court
10/04/2017 - Letter to the Court
10/23/2015 - Plaintiff’s Complaint for Declaratory and Injunctive Relief

Roberts v. FHFA (Illinois)
10/16/2017 - Letter to the Court
10/13/2017 - Letter to the Court
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
09/21/2017 - Order
09/15/2017 - Appellants’ Unopposed Motion for Extension of Time to Serve Principal Brief
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
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
09/22/2017 - Reply Brief of Plaintiffs-Appellants
10/20/2016 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

Rop v. FHFA
10/06/2017 - Brief in Support of Plaintiffs’ Motion for Summary Disposition
10/06/2017 - Plaintiffs’ Brief in Opposition to Defendant Federal Housing Finance Agency’s Motion to Dismiss
10/06/2017 - Plaintiffs’ Brief in Opposition to Defendant Department of the Treasury’s Motion to Dismiss
10/06/2017 - Plaintiffs’ Motion for Summary Disposition
10/06/2017 - Order
06/01/2017 - Plaintiffs’ Complaint for Declaratory and Injunctive Relief

Bhatti v. FHFA
10/16/2017 - Exhibits 1 - 21
10/16/2017 - Affidavit of Michael M. Sawers
10/16/2017 - [Proposed] Order Granting Plaintiffs’ Motion for Summary Judgment
10/16/2017 - Plaintiffs’ Meet-and-Confer Statement
10/16/2017 - Plaintiffs’ Memorandum of Law in Response to Defendants’ Motions to Dismiss and in Support of Plaintiffs’ Cross-Motion for Summary Judgment
10/16/2017 - Plaintiff’s Notice of Hearing on Motion for Summary Judgment
10/16/2017 - Motion for Summary Judgment
08/04/2017 - Plaintiffs’ First Amended Complaint for Declaratory and Injunctive Relief

Cause of Action Institute v. DOJ
07/18/2017 - Complaint

Archives
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September 2017
August 2017
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March 2017
February 2017
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November 2016
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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
Monday October 23rd 2017
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "An unsealed copy of Judge Sweeney's opinion and order dated Oct. 4, 2017, granting Fairholme's second motion to compel was docketed this morning."
The Last Word on the Document Tug of War? - Investors Unite
Carson and Watt call on Congress to take on housing finance reform - HousingWire
"I share a great personal interest with this Administration to tackle housing finance reform" via @SecretaryCarson - Twitter
"There is broad agreement that there is an opportunity for reform..." via @SecretaryCarson - Twitter
Prepared Remarks of Melvin L. Watt, Director of FHFA at Mortgage Bankers Association Annual Convention and Expo 2017 - fhfa.gov
Want GSE Reform? The Senate Better Get Moving – And Soon - Inside Mortgage Finance
Tower FCU's Stafford testifies for NAFCU Wednesday on housing finance - nafcu.org
Short Takes: MBA’s Stevens to the Troops: You’re Living Under a False Sense of Security / Trump’s Nominee to Head the FHFA?... - Inside Mortgage Finance
MBA leader Stevens delivers a call to action - Scotsman Guide
Hearing entitled “Sustainable Housing Finance: Private Sector Perspectives on Housing Finance Reform” - house.gov
Occurs Wednesday, October 25, 2017 10:00 AM.

Friday October 20th 2017
New filing in the Cacciapalle case, click here to view.
Peter Chapman writes, "The Cacciapalle Plaintiffs delivered a third petition for a writ of certiorari to the United States Supreme Court Monday. The Cacciapalle Plaintiffs ask the High Court to answer these two questions:
-- When a company is placed into federal conservatorship or receivership, do its shareholders thereby lose all rights to pursue derivative litigation on its behalf, even where the federal conservator or receiver would face a manifest conflict of interest in pursuing the claim itself -- such as where it would be a claim by one federal government agency against another for conduct they did together?
-- Does 12 U.S.C. sec. 4617(f) foreclose any possibility of declaratory or injunctive relief in a judicial challenge to an agreement between the Federal Housing Finance Agency and the United States Department of the Treasury that transfers the net worth and all future profits of Fannie Mae and Freddie Mac to the federal government and requires both Companies to operate with no capital?
The Cacciapalle Plaintiffs tell the nine justices that the D.C. Circuit answered the first question in the negative and that holding conflicts with teachings from the Ninth and Federal Circuits. Accordingly, the High Court should resolve that split of authority among the circuits. The Cacciapalle Plaintiffs tell the nine justices they should take up the second question because, as Judge Brown observed in her dissent, the D.C. Circuit's decision has disrupted settled expectations about financial markets in a manner likely to negatively affect the nation's overall financial health. The High Court should intervene to restore certainty and uniformity.
The Cacciapalle Plaintiffs urge the Court to grant its petition and review the D.C. Circuit's decision."
Mortgage industry mobilizes for MBA annual - HousingWire
What We’re Hearing: ...Will Mel Watt Clear the Air on ‘Zero Capital’? / The Freddie Mac Rumor... - Inside Mortgage Finance
GOP Critical of Fannie/Freddie QM Exemption - Inside Mortgage Finance

Thursday October 19th 2017
New filing in the Saxton case, click here to view.
Peter Chapman writes, "In a letter to the Eighth Circuit, Howard Cayne tells the Court that the Saxton Plaintiffs misunderstand what FHFA and Director Watt said and it should ignore their recent supplemental filing."
New filings in the Roberts case.
17-1880-0040
17-1880-0041
Peter Chapman writes, "The Roberts Plaintiffs and Mr. Cayne sent letters to the Seventh Circuit this month echoing what they told the Sixth and Eighth Circuits about FHFA's latest strategic plan and Director Watt's recent testimony."
Why Competition Would Not Lead to Better Outcomes for Fannie Mae and Freddie Mac - wharton.upenn.edu
NAFCU, ICBA urge Watt on Fannie, Freddie capital buffers - cuinsight.com
NAFCU and ICBA Letter to Director Watt - Google Docs
Credit unions, community banks want Fannie and Freddie to retain capital - HousingWire
Fannie, Freddie must be allowed to rebuild capital, say small banks, credit unions - American Banker
Subscription required for full access.
VantageScore: How the FHFA can open the door to alternative credit score models - HousingWire
Is There a Competitive Equilibrium for the GSEs? - cloudfront.net
From September. By the same author of today's Wharton article.

Wednesday October 18th 2017
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Fairholme also delivered a petition for a writ of certiorari to the United States Supreme Court Monday. Fairholme asks the High Court to answer this question:
-- Does 12 U.S.C. sec. 4617(f ) foreclose judicial review of an agreement between the Federal Housing Finance Agency and the Department of the Treasury to transfer the net worth and all future profits of Fannie Mae and Freddie Mac to the federal government and require both Companies to operate with no capital?
Fairholme says the answer is no. "If the D.C. Circuit is right, Congress has set up a structure that makes a mockery of our system of checks and balances, with an independent agency headed by an unelected Director not answerable to the President, free to act without regard to Congress's instructions, and without fear of judicial intervention," Fairholme tells the nine justices. "Fortunately," Fairholme adds, "the D.C. Circuit is wrong."
Fairholme urges the Court to grant its petition and review the D.C. Circuit's decision.
Closed Hedge Fund Appeals GSE Woes To SCOTUS - Seeking Alpha by Glen Bradford
Short Takes: The Little Guy Gets a G-Fee Break / A Coming Spike in G-Fees?... - Inside Mortgage Finance
What Should FHFA Do With Fannie Mae? - Gears of Biz
Marino, Sessions, ICBA, and Corker - Bill Maloni's GSE Blog
Freddie Mac Further Expands CRT Program With STACR SPI - MarketWired
Is There a White Swan? - moneyshow.com
GSEs keep playing field level with lower g-fees for small lenders - National Mortgage News
Subscription required for full access.

Tuesday October 17th 2017
New filing in the Perry case, click here to view.
Peter Chapman writes, "Perry Capital and Arrowood delivered their petition for a writ of certiorari to the United States Supreme Court yesterday. Perry and Arrowood look to the High Court to answer one question:
-- Whether 12 U.S.C. sec. 4617(f), which prohibits courts from issuing injunctions that "restrain or affect the exercise of powers or functions of" the Federal Housing Finance Agency ("FHFA") "as a conservator," bars judicial review of an action by FHFA and the Department of Treasury to seize for Treasury the net worth of Fannie Mae and Freddie Mac in perpetuity.
Perry and Arrowood tell the nine justices the answer is no. The GSE shareholders go on to conclude, at p. 33:
"The D.C. Circuit's decision dangerously misconstrues FHFA's conservatorship powers. FHFA's conservatorship provisions are neither new nor alien -- Congress took them verbatim from FIRREA, importing the FDIC's decades of sound experience in resolving troubled financial institutions, and the centuries of common-law conservatorships on which the FDIC relied. Nothing in the text or purpose of HERA, decades of FDIC practice, or centuries of common law even remotely condones the Net Worth Sweep's massive expropriation -- a confiscation that leaves the Companies functionally insolvent, saddled with Treasury's $189 billion liquidation claim, and with no ability to escape a vampiric relationship with the government. Yet the decision below permits any governmental conservator -- including the FDIC -- to confiscate funds under its supervision without judicial review simply because the conservator did so in the course of operating the ward. That's not a conservatorship; that's embezzlement."
Perry and Arrowood urge the Court to grant its petition and review the D.C. Circuit's decision."
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Our government and Fairholme advised Judge Sweeney today that her opinion granting Fairholme's second motion to compel requires no redactions."
IU Executive Director Tim Pagliara Submits Comment on FHFA’s Draft Strategic Plan for Fiscal Years 2018-2022 - Investors Unite
FHFA Issues 2016 Report to Congress on Guarantee Fees - fhfa.gov
House Prioritizes Housing Finance Reform - JD Supra

Monday October 16th 2017
New filings in the Bhatti case.
17-cv-02185-0041
17-cv-02185-0042
17-cv-02185-0043
17-cv-02185-0044
17-cv-02185-0045
17-cv-02185-0046
Peter Chapman writes, "The Bhatti Plaintiffs filed their motion for summary judgment and response to FHFA and Treasury's motions to dismiss today, and copies of those documents are (linked above). A collection of 21 exhibits attached to Doc. 46 is posted at http://bankrupt.com/misc/17-cv-02185-0046-Exhibits.pdf because of its size. The Bhatti Plaintiffs continue their constitutional attack on FHFA's structure, say FHFA is not immune from those constitutional claims (and HERA's succession clause couldn't include those claims), and tell Judge Schlitz that the Perry and Saxton cases never touched on these claims and they have no preclusive effect."
FHFA Director Watt, Treasury Exploring Options for GSE Capital Buffer - ABA Banking Journal
Busted at last: Obama’s $95 billion SWINDLE - allenwest.com
What's the Fed's Endgame? - U.S. News & World Report
Hedge Fund Perry Capital Asks Supreme Court to Revive Fannie Mae Lawsuit - Breitbart

Sunday October 15th 2017
BILL ACKMAN: Here's how Trump can still have a 'successful presidency' - Yahoo
Two Obama holdovers are sowing the seeds for another subprime collapse - NY Post
Trump’s Tax Plan: What It Does and Doesn’t Do - NY Times

Friday October 13th 2017
Corker, MID and the Trades, Hill and the Warrants - Bill Maloni's GSE Blog
Trump Neuters Obamacare Just As Infowars.Com Recommended In April - Infowars
Trump Stops Illegal ObamaCare Subsidies: Here’s Why... - Youtube
Appraisers should unite to rid the profession of Fannie Mae - by Roger Durkin - nerej.com
What We’re Hearing: FHFA Chief Has a ‘Number of Options’ on Zero Capital / Is That a ‘Hard’ Deadline? / Once Tax Reform is Done, Next Up: the GSEs... - Inside Mortgage Finance
Steven Mnuchin at the IIF: "We're committed to fixing housing finance, and not just Fannie and Freddie...the entire array of the US government" via @IIF - Twitter
Equifax’s Grip on Mortgage Data Squeezes Smaller Rivals - NY Times

Thursday October 12th 2017
BILL ACKMAN: There's one 'last piece of unfinished business' from the financial crisis - Yahoo
The FHFA and Treasury Should Not Allow Fannie and Freddie to Recapitalize - heritage.org
Director Watt's Letter to various groups via @RobTVDC - Twitter
Mnuchin won't fill No. 2 Treasury post as Brooks opts out of the running - Politico
Carson update on HUD overshadowed in tense House hearing - HousingWire
'He also touched on the need for housing finance reform, saying, “We are now entering the 10th year of the government-sponsored enterprises, Fannie Mae and Freddie Mac, being placed into conservatorship, which is much too long for this issue to remain unresolved. We must think comprehensively about reform, so that changes do not cause unintended consequences.”'

Wednesday October 11th 2017
New filing in the Saxton case, click here to view.
Peter Chapman writes, "The Saxton Plaintiffs supplied the Eighth Circuit with copies of FHFA's latest strategic plan and Director Watt's written statement presented to the House Financial Services Committee earlier this month to highlight inconsistency between what FHFA argues in Court and the actions it has taken."
Will Fannie and Freddie Draw From the Treasury? Much Ado About Nothing … - pimco.com
Here's Why Sen. Corker Should Resign From Senate - Infowars
The GSEs Should Report Robust Earnings for 3Q17. Here’s Why… - Inside Mortgage Finance
FannieGate GSE Documents - diy-stock-investor.com
Fannie Mae looking to shed $3.62 billion in loans from its books - HousingWire
Freddie Mac Prices Last Planned High LTV Deal of the Year - marketwired.com

Tuesday October 10th 2017
New filing in the Robinson case, click here to view.
Peter Chapman writes, "In a letter to the Sixth Circuit, Howard Cayne tells the Court that Ms. Robinson misunderstands what FHFA and Director Watt said and it should ignore her recent supplemental filing."
Deloitte hack hit server containing emails from across US government - The Guardian
Deloitte confirms Fannie Mae and Freddie Mac not impacted in hack - HousingWire
Deloitte Hack: Fannie and Freddie Not Affected - DS News
Taxpayers shouldn’t be asked to pay for Fannie and Freddie’s risk - The Hill
Short Takes: ...Fannie and Freddie Affected by Deloitte Hack?... - Inside Mortgage Finance
Freddie, Fannie should offload risk to private insurers - The Hill

Monday October 9th 2017
GSE Capital: Buffer Vs. Recapitalization - Seeking Alpha by Glen Bradford
Short Takes: Treasury Working on GSE Ideas? / Will Trump Get Involved Directly?... - Inside Mortgage Finance
Judge in Closely Watched GSE Shareholder Case Moves to Release More Documents - Inside Mortgage Finance
GSE Purchase-Loan Share Hit 63 Percent in 3Q17, a 10-Year High - Inside Mortgage Finance
Anti-Trump Sen. Corker Resigns Amid Criminal Probe - Infowars
Inspector questions Fannie Mae’s new controversial Washington D.C. headquarters - HousingWire

Sunday October 8th 2017
President Trump tweets about Sen. Bob Corker.
Tweet #1
Tweet #2
Tweet #3
Tweet #4

Saturday October 7th 2017
New filings in the Rop case.
17-cv-00497-0030
17-cv-00497-0031
17-cv-00497-0032
17-cv-00497-0033
Peter Chapman writes, "The Rop Plaintiffs delivered their three briefs to the District Court in Kalamazoo late yesterday. The three filings are:
-- a motion for summary judgment (Doc. 30) and a brief in support (Doc. 33) for a legal ruling on the constitutionality of FHFA's organizational structure;
-- a response (Doc. 31) to Treasury's motion to dismiss, saying the Perry ruling isn't the final authority; and
-- a response (Doc. 32) to FHFA's motion to dismiss, disagreeing with FHFA's view that it can do whatever it pleases with the GSEs and their assets."
Blueprint for Balance: A Federal Budget for Fiscal Year 2018 - heritage.org
The GSEs are discussed on page 217 of the report.

Friday October 6th 2017
In the Fannie Mae/Freddie Mac Senior Preferred Stock Purchase Agreement Class Action Litigations Peter Chapman notes, "Perry Capital's not a party to this proposed stipulation. If that suggests Perry's charted a different course that includes a visit to the U.S. Supreme Court, my calendar says Mon., Oct. 16, is Perry's deadline to ask the High Court to review the D.C. Circuit's decision."
New filing in the Robinson case, click here to view.
Peter Chapman writes, "Ms. Robinson supplied the Sixth Circuit with copies of FHFA's latest strategic plan and Director Watt's written statement presented to the House Financial Services Committee earlier this week to highlight inconsistency between what FHFA argues in Court and the actions it has taken."
New filings in the Roberts case.
17-1880-0037
17-1880-0038
Peter Chapman writes, "The documents attached to this e-mail message indicate that at oral argument on Oct. 30 in Chicago, David Thompson at Cooper & Kirk will argue on behalf of the Roberts Plaintiffs for 20 minutes, Howard Cayne at Arnold & Porter will argue on behalf of FHFA for 10 minutes, and Gerard Sinzdak will argue on behalf of Treasury for 10 minutes."
New filing in the Rop case, click here to view.
Peter Chapman writes, "Magistrate Kent issued an order this morning saying he's prefer strict compliance with the local rules, meaning three briefs from the Rop Plaintiffs rather than one."
What We’re Hearing: A Blowout Quarter for Freddie? / Pulling the Zero Capital Lever in Denver? / Mark Calabria for FHFA Director?... - Inside Mortgage Finance
Price of Fannie/Freddie Common Up 35 Percent Since Summer. Credit the RNC? - Inside Mortgage Finance
How Fannie Mae and Freddie Mac Share Credit Risk With Other Entities - cbo.gov





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