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"Ultimately, Truth Prevails"


November 2016
Wednesday November 30th 2016
New filing in the Collins case, click here to view.
Peter Chapman writes, "Judge Atlas entered an order this afternoon welcoming Mr. Zimpleman to her court."
Wilbur Ross: TPP is not going to happen - Fox Business Video
Start at 04:55. "We've got to get Fannie and Freddie out of government ownership. It makes no sense that these are owned by the government and have been controlled by the government for as long as they have."
- Steven Mnuchin
Watch Trump's picks for Treasury and Commerce explain their plans - CNBC Video
Fannie, Freddie need to get out of government ownership: Mnuchin - Reuters
Fannie and Freddie Should Exit Government Grip, Mnuchin Says - Bloomberg
Fannie Mae And Freddie Mac May Be Privatized By Incoming Treasury Secretary Mnuchin - Forbes
Incoming Treasury Chief Mnuchin: Resolving Fannie and Freddie a Top Priority. Share Prices Soar! - Inside Mortgage Finance
Why Fannie Mae and Freddie Mac Are Soaring by 30% Today - The Motley Fool
Trump Treasury pick: Fannie Mae and Freddie Mac will be privatized - HousingWire
Fannie and Freddie: Maybe This Time it's Different - TalkMarkets
What's the Future for Fannie and Freddie? - Bloomberg Video
Featuring Chris Whalen and Josh Rosner
Trump Makes Fannie Mae And Freddie Mac Shareholders Great Again - Valuewalk
Next Treasury Sec promises tax cuts, roll-back of Dodd-Frank, getting out of GSEs - Seeking Alpha
FNMA - jetpacks engaged - Reddit
Why are FNMA and FMCC booming so much right now? - Reddit
What Fannie Mae And Freddie Mac Do, And Why The Government Helps Them Do It - Benzinga
What Treasury Nominee Steven Mnuchin Means for the Mortgage Market - WSJ
Fannie, Freddie surge as Treasury-pick Mnuchin advocates their release from government control - MarketWatch
Mnuchin wants U.S. to sell Fannie Mae, Freddie Mac stakes - CNN Money
Trump's Treasury Pick Steven Mnuchin Is The Best Hope For Fannie And Freddie Hedge Fund Billionaires - Forbes
GOP Battle Looms as Mnuchin Seeks Fannie, Freddie Return - National Mortgage News
Privatization talk sends Fannie Mae, Freddie Mac stocks soaring to 2-year high - HousingWire
Treasury pick has Freddie, Fannie in his sights - Albuquerque Journal
Tilson Gains On Fannie Mae; Is “Torn on whether to short Tesla” - Valuewalk
Most Active #OTCQB Stocks - Twitter
A Visit From the Ghost of Christmas Past - bankrupt.com
This is Perini Capital's presentation at the Distressed Investing Conference
GSE Reform: Something Old, Something New, And Something Borrowed - bankrupt.com
This is the presentation by Josh Rosner at the Distressed Investing Conference
BPC on Potential GSE Reform – “Undeniable that conservatorship has lasted long enough” - Valuewalk
With comments from Michael Stegman

Tuesday November 29th 2016
New filing in the Fairholme case, click here to view.
2nd filing in the Fairholme case, click here to view.
Peter Chapman writes, "The government and Fairholme delivered their Docketing Statements to the Federal Circuit yesterday to briefly state what they want the court to do."
New filing in the Collins case, click here to view.
Peter Chapman writes, "Mr. Zimpleman entered his appearance on behalf of the government yesterday in the Texas litigation, and a copy of his motion to appear pro hac vice is (linked above)."
New court filing, click here to view.
Peter Chapman writes, "The Federal Circuit entered an Order yesterday denying Mr. Sammon's petition for a writ of mandamus because the question he poses can be addressed in due course in his traditional appeal."
Steven Mnuchin Is Donald Trump’s Expected Choice for Treasury Secretary - NY Times
Treasury Secretary Steve Mnuchin….. - timhoward717.com
Timothy Howard continues to discuss the Distressed Investing Conference - Howard on Mortgage Finance
Hope for Fannie Mae (FNMA) and Freddie Mac (FMCC) with Ben Carson’s Joining HUD - Invest Correctly
Freddie Mac Monthly Volume Summary October 2016 - freddiemac.com
Just the qualities one looks for in Secretary of State? - Rocky Top Politics
Duffy Tops List to Take Over Wall Street Subcommittee - Morning Consult

Monday November 28th 2016
New filing in the Roberts case, click here to view.
Peter Chapman writes, "Judge Chang entered an order yesterday:
-- denying Fairholme's amicus appearance request; and
-- continuing the status hearing to Jan. 5, 2016."
The ‘Trump Effect’: Good, Bad or Ugly for Housing & Mortgages - collingwoodllc.com
Investors Continue to Bid Up the Share Price of GSE Common. Can it Last? - Inside Mortgage Finance
Tim Howard discusses the Distressed Investing 2016 Conference - Howard on Mortgage Finance
BRIEF-Fannie Mae names George Haywood to board - Reuters
Fannie Mae names technology entrepreneur to Board of Directors - HousingWire
Fannie Mae Names George W. Haywood, Finance and Technology Entrepreneur, to the Board of Directors - PR Newswire
Ben Carson as HUD Secretary: What Could It Mean for Housing? - realtor.com
"He indicated he would support privatizing Fannie Mae and Freddie Mac"

Sunday November 27th 2016
23rd Annual Distressed Investing Conference Program & Faculty - PR Newswire
Occurs Monday, Nov. 28. Fannie Mae & Freddie Mac Reform Roundtable at 8:50 a.m.  featuring J. Timothy Howard, Joshua Rosner, Michael Fratantoni and Michael Perini. Additional information can be found at bankrupt.com
An Entirely New Paradigm: Victory Close At Hand - timhoward717.com
12/07/2015 - Big banks may have Fannie, Freddie in their sights, report says - MarketWatch

Saturday November 26th 2016
Reflections and Review Since Last Post - timhoward717.com
Non-Severability - The Truth about Fannie and Freddie

Friday November 25th 2016
Fannie and Freddie investors look to Trump - Financial Times
Fannie Mae (FNMA) and Freddie Mac (FMCC) Can Bag Bigger Mortgages but That Doesn’t Change Anything - Invest Correctly
Mnuchin left for treasury secretary. FNMA to the mooon!!! - Reddit
A Happy Story About Housing - retheauditors.com
Berkowitz: Financial Times on the future of Fannie and Freddie - Valuewalk

Thursday November 24th 2016
Fannie and Freddie may need billions more in public funds - Financial Times

Wednesday November 23rd 2016
GSE Climate: Government Can't Appeal When There Is No Ruling - Seeking Alpha by Glen Bradford
FHFA Announces Increase in Maximum Conforming Loan Limits for Fannie Mae and Freddie Mac in 2017 - fhfa.gov
FHFA boosting loan limits for first time since crisis - Seeking Alpha
U.S. regulator to raise mortgages limits for Fannie, Freddie - Reuters
Hidden Value In These Stocks When Rates Move Up - Talk Markets
Ex-BB&T CEO Allison Said to Be in Running for Treasury Chief - Bloomberg
Fannie Mae (FNMA) and Freddie Mac (FMCC) Investors Elated By Trump Win: Here are 3 Reasons Why - Invest Correctly
GSE Shareholder Case Attorney Details Plight of Fairholme in Litigation - Inside Mortgage Finance
US Housing Financing Has Changed Drastically Since 2008 - Valuewalk

Tuesday November 22nd 2016
New filing in the Piszel case, click here to view.
Peter Chapman writes, "The Federal Circuit has asked the Justice Department to weigh in on Mr. Piszel's request for rehearing before additional appellate judges."
New filing in the Fairholme case (Sammons Appeal), click here to view.
Peter Chapman writes, "The government filed its responsive brief on Nov. 16, the Clerk released it to the public today.
The government urges the Federal Circuit to affirm Judge Sweeney's Sept. 30 Order denying Mr. Sammons' motion to intervene and silence his assertions that the Court of Federal Claims is an unconstitutional judicial tribunal."
Another Sweeping Rebuke Of Government Secrecy - Investor's Business Daily
Fannie Mae: Accounting Shenanigans - Seeking Alpha
Which Of The Busted Fannie Mae Preferreds Are Better Buys? - Seeking Alpha
U.S. Election Resurrects Fannie, Freddie Fiasco - Thomson Reuters
Fannie and Freddie will test Trump's ties to Wall Street - Yahoo
Freeing Fannie Mae and Freddie Mac - NY Times
Trump Names Federal Reserve, FHFA, EPA Landing Team Members - Bloomberg
Hedge Fund Managers Expect a Return on Their Investment in Donald Trump - The Intercept
Repeal Of Dodd-Frank Could Have Big Consequences - TalkMarkets

Monday November 21st 2016
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Gerard Sinzdak entered his appearance today as counsel to the United States today."
2nd filing in the Fairholme case, click here to view.
Peter Chapman writes, "Fairholme filed a motion today asking the Federal Circuit to dismiss the government's appeal because, in short, this parallel proceeding is futile or superfluous in light of the mandamus proceeding."
Fannie And Freddie, The Rule Of Law, The Rule Of Man, And Restructured Future - Seeking Alpha by Wayne Olson
GSEs and Stuff - Bill Maloni's GSE Blog
What Will Trump Do About The Fed, The Debt Ceiling, And Trade: His Key Economic Advisor Explains - ZeroHedge
Housing finance reform is discussed at the end of the article.
Paulson’s Big Long: A Bet on Trump Yields Power and Profit - Bloomberg
Hedge-Fund Manager John Paulson Got Trump Elected, And Now He’s Got A Favor To Ask - Vanity Fair
$FNMA discussion on Reddit
Fairholme Capital Management November 2016 Public Conference Call (Transcript) - Valuewalk
From the conference call on 11/18.

Sunday November 20th 2016
The Cost Of Waking Up From Fannie's Seizure - Seeking Alpha by Glen Bradford
The Week Ahead: Prices for GSE Guaranteed Homes Rise Higher - DS News
Trump talks Treasury with Blackstone real estate boss - Politico
01/15/2016 - The Real Story Behind Fannie and Freddie - Wall St. Daily

Saturday November 19th 2016
The Corruption of Bob Corker. Part 1.5 - Rocky Top Politics
The article, from yesterday, has been posted again.

Friday November 18th 2016
New filing in the Robinson case, click here to view.
Peter Chapman writes, "Abby C. Wright, Esq., representing Treasury, filed her appearance yesterday."
2nd filing in the Robinson case, click here to view.
Peter Chapman writes, "The Office of the Circuit Mediators notified the parties' lawyers today that a telephonic mediation conference will convene on Thurs., Dec. 15, 2016."
Bruce Berkowitz – Fannie Mae Conference Call - Valuewalk
Fairholme Conference Call Replay and Machine Transcript - VoiceBase
The call starts at 11:13.
DealBook 2016: The Long and Short of Activist Investing - Youtube
From November 10th, Bill Ackman talks GSEs at 23:23.
GAO: Conservatorship Needs to End - The MReport
What Will a Trump Administration Mean to the Housing Finance Industry? - National Mortgage Professional
23rd Annual Distressed Investing Conference Program & Faculty - PR Newswire
Occurs Monday, Nov. 28. Fannie Mae & Freddie Mac Reform Roundtable at 8:50 a.m.  featuring J. Timothy Howard, Joshua Rosner, Michael Fratantoni and Michael Perini. Additional information can be found at bankrupt.com
Nomura, RBS appeal U.S. judge's $839 million mortgage bond award - Yahoo
CATO Conference: Fannie/Freddie were a large part of the crisis - Valuewalk
The Impact of the 2016 Elections on GSE Reform - Bipartisan Policy Center
By Michael A. Stegman
Who Will Lead HUD? - housingfinance.com
Ed DeMarco's name is on this list.
Hensarling Targets GSE Reform, Dodd-Frank Rollback in Ambitious Agenda - National Mortgage News
From November 16th.
The Corruption of Bob Corker Part 1.5 - Rocky Top Politics
Free Fannie and Save the Dream - Flathead Beacon

Thursday November 17th 2016
New filing in the Robinson case, click here to view.
Peter Chapman writes, "The Clerk of the Court for the U.S. Court of Appeals for the Sixth Circuit received and docketed Ms. Robinson's appeal today. This appellate proceeding is now identified as proceeding No. 16-6680 by that tribunal."
Fairholme Conference Call - fairholmefundsinc.com
The call is on Friday, November 18th at 11:00 AM EST. Participants may also access the online live stream by visiting www.FairholmeFunds.com.
Federal Housing Finance Agency: Objectives Needed for the Future of Fannie Mae and Freddie Mac After Conservatorships - gao.gov
View the full report here.
Hedge Funds That Backed Trump Enter Washington, Demands in Hand - Bloomberg
A brief GSE mention.
Former Fannie CFO Dishes on Concerns with GSE Risk-Sharing - Inside Mortgage Finance
Rep. Jeb Hensarling Emphasizes Plan to Reform Housing - Inside Mortgage Finance
Jeb Hensarling: How we can make the economy work for working people - Dallas News
Jeb Hensarling's plans for the GSEs in his own words.
Fannie Mae Completes its Latest Credit Insurance Risk Transfer Transaction of 2016 - PR Newswire
A Second Look at FHFA Non-Performing Loan Sales Data - DS News

Wednesday November 16th 2016
GSE Call Friday, FHFA's Report, Prior CFO And New Appeal - Seeking Alpha by Glen Bradford
Trump And The Friends Of Fannie Mae And Freddie Mac - Seeking Alpha
Market hoping Trump can free Fannie, Freddie - Washington Examiner
Game Change On All Fronts - timhoward717.com
Sen. Corker on scaling back bank regulations - CNBC Video
Fannie and Freddie discussion starts at 1:35.
Breakingviews TV: Tackling too big too fail - Thomson Reuters (video)
GSE discussion starts at 2:30.
Unified GOP to target Obama payday, retirement advice rules - Washington Examiner
How Might A Trump Presidency Impact The Mortgage Industry? - MortgageOrb
FHFA Releases Further Data on Non-performing Loan Sales - fhfa.gov
Ask Eli: Trump’s Impact On Local Real Estate - arlnow.com

Tuesday November 15th 2016
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Abby C. Wright entered her appearance today indicating that she will be the principal attorney representing the United States in its appeal from Judge Sweeney's Sept. 20 discovery order."
Holding Steady on Ending the Conservatorship and Restoring Shareholder Rights - Investors Unite
Investors Unite Risk Sharing Call - Howard on Mortgage Finance
John Paulson Could Be One of the Biggest Winners of the Election - Investopedia
Former Ginnie Mae head expects GSE reform soon - Scotsman Guide
Fannie and Freddie: mortgaging the future via @FinancialTimes - Twitter
Subscription required for full access.
GSE Loans Shift to Less Risky Status in 3Q16 - Inside Mortgage Finance
Short Takes: ...Wilbur Ross for Treasury Secretary? - Inside Mortgage Finance
Fairholme Conference Call - fairholmefunds.com
"Guest Speaker (David Thompson of Cooper and Kirk, PLLC) Will Address Fannie and Freddie Legal Progress during Fairholme Conference Call"
Occurs Friday, November 18, 2016, at 11:00 AM EST. More info here.
FHFA's 2016 Performance and Accountability Report - fhfa.gov
Page 90 states, "If, at some point in the future, the Enterprises emerge from the conservatorships and again become stand-alone  public companies, then their directors will owe fiduciary duties to shareholders, and each Enterprise will need to have strong corporate governance policies, procedures, and structures sufficient to meet regulatory and corporate standards."
Housing Finance Policy Looms As The Elephant In The President Trump's Oval Office - Forbes
Critics still unhappy with Fannie, Freddie conservatorship - HousingWire
GOP establishment on Trump team - Politico
Scroll down to 'Mnuchin and the GSEs'

Monday November 14th 2016
New filing in the Robinson case, click here to view.
Peter Chapman writes, "Ms. Robinson delivered a notice to the U.S. District Court for the Eastern District of Kentucky today, indicating her intention to take an appeal from Chief Judge Caldwell's decision dismissing her lawsuit challenging the Third Amendment to the U.S. Court of Appeals for the Sixth Circuit in Cincinnati, Ohio, for review."
Fannie and Freddie’s Status Continues to Provoke Criticisms - NY Times
Investors Unite Teleconference: What is Risk Sharing? And how does it Work? - investorsunite.org
Tuesday, November 15 at 10:30 am EST; DIAL IN: 800‑895-2195; Conference ID: Investors
GSE Plaintiffs Spar with Agencies Over Timing of Document Release - Inside Mortgage Finance
Short Takes: If Jeb Becomes Treasury Secretary is a GSE Settlement Possible? / Still Rising: The Share Price of Fannie and Freddie Common / IU to Discuss Risk Sharing... - Inside Mortgage Finance
He Won, She Lost, It's Our Turn Now - Bill Maloni's GSE Blog
Wall Street Wants To Buy Fannie Mae And Freddie Mac Dirt Cheap - Seeking Alpha
If Donald Trump does what he promised... - philly.com
Fannie Mae Announces 2017 Connecticut Avenue Securities Issuance Calendar - PR Newswire
Freddie Mac Structured Agency Credit Risk (STACR®) 2017 Issuance Calendar - freddiemac.com
What Will a Trump Administration Mean to the Housing Finance Industry? - rismedia.com
Mnuchin Said to Be Top Treasury Pick Among Trump’s Advisers - Bloomberg
Justices Could Create 'Rush To Federal Court' In Fannie Case via @pgray41 - Twitter

Sunday November 13th 2016
Trumping FHFA's GSE Destroying Third Amendment Net Worth Sweep - Seeking Alpha by Glen Bradford
Repayment and Warrants - The Truth about Fannie and Freddie
Frannie investors liking makeup of Trump team - investing.com
Goldman Sachs Affiliate Takes All Five Pools in Fannie NPL Sale - National Mortgage News
From November 10th.

Friday November 11th 2016
New filing in the Roberts case, click here to view.
Peter Chapman writes, "FHFA and Treasury delivered copies of:
-- Chief Judge Reade's Order denying Fairholme's motion to file an amicus brief in Saxton v. FHFA;
-- Magistrate Scoles' Order staying submission of an administrative record in Saxton v. FHFA; and
-- Judge Pratt's ruling saying an administrative record was unnecessary in Continental Western v. FHFA;
to Judge Chang today."
Fannie And Freddie: Financial Disclosures Needed On Guarantee Fee Assets - Seeking Alpha by David Sims
Frannie investors liking makeup of Trump team - Seeking Alpha
Donald Trump Makes The Fannie And Freddie Stock Boom Great Again - Forbes
What We’re Hearing: ...Free at Last: Fannie Mae and Freddie Mac? - Inside Mortgage Finance
GSEs Continue to Sell Nonprime Holdings - Inside Mortgage Finance
Investors Unite Teleconference: What is Risk Sharing? And how does it Work? - Investors Unite
Occurs on Tuesday, November 15 at 10:30 am EST.
Fannie, Freddie Shares Soar Even as Fate Remains Foggy - WSJ
This Hedge Fund Billionaire Is The Biggest Winner In Donald Trump’s Victory - Huffington Post

Thursday November 10th 2016
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "The government wants another 30 days to provide Judge Sweeney with an explanation about why it should not be required to pay Fairholme's costs to bring the motion to compel. The government's motion indicates that Fairholme has agreed to this second extension in light of the mandamus proceeding before the Federal Circuit."
2nd filing in the Fairholme case, click here to view.
Peter Chapman writes, "Judge Sweeney granted the government's unopposed request for an extension this afternoon in light of the mandamus petition pending before the Federal Circuit."
More filings in the Fairholme case.
Entry of Appearance
Certificate of Interest
Entry of Appearance
Entry of Appearance
Entry of Appearance
Entry of Appearance
Entry of Appearance
Peter Chapman writes, "Fairholme's legal team at Cooper & Kirk entered their appearances in the government's appeal from Judge Sweeney's Sept. 20 Order yesterday and filed a Certificate of Interest."
New filing in the Roberts case, click here to view.
Peter Chapman writes, "Thomas D. Zimpleman, Esq., representing the U.S. Treasury, entered his appearance yesterday."
2nd filing in the Roberts case, click here to view.
Peter Chapman writes, "Judge Chang observed that FHFA referred to an order entered in the Saxton case in its response to Fairholme's motion to file an amicus brief. Judge Change would like to see that order and has directed FHFA's counsel to tender a copy to the court. Further, Judge Change has kicked the Nov. 14 status hearing to Nov. 29."
New filing in the Voacolo case, click here to view.
Peter Chapman writes, "Deepthy Kishore, Esq., representing the U.S. Treasury, entered her appeared today."
New filings in the Collins case.
Summons in a Civil Action
Summons in a Civil Action
Summons in a Civil Action
Summons in a Civil Action
Summons in a Civil Action
Peter Chapman writes, "The Collins Plaintiffs advised the Clerk in Houston today that they served summonses on Treasury, FHFA and the Department of Justice."
Ackman Sees Fannie Issue Resolved Under Trump Administration - Bloomberg
Thanks to Trump’s Victory, GSE Stock Prices Soar for a Second Day - Inside Mortgage Finance
What Trump will mean for markets and mortgages - movement.com
Trump could impact housing through Fed choices, Fannie Mae plan - MarketWatch
Trump taps former Ohio official Ken Blackwell to lead domestic transition team - The Columbus Dispatch
Ken Blackwell authored this article: Treasury stealing from Fannie and Freddie shareholders
Fannie, Freddie surge as Trump taps advisors who back privatization - MarketWatch
Fannie Mae Announces the Winner of its Latest Non-Performing Loan Sale - fanniemae.com
Can you guess the winner of Fannie Mae’s latest NPL sale? - HousingWire
Pershing Square Capital Management 3Q16 Conference Call - Valuewalk
Most Active #OTCQB Stocks - Twitter
A Conservatorship To Enrich Yacht And Private-Jet Owners - Seeking Alpha
What effect the Trump administration will have on the housing market - The Washington Post
How Trump's Presidency Could Impact Real Estate - Forbes
Tim Howard comments on the GSE utility model - Howard on Mortgage Finance

Wednesday November 9th 2016
New filing in the Piszel case, click here to view.
Peter Chapman writes, "The Federal Circuit denied Mr. Sammons' request to file an amicus brief in Piszel v. U.S."
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "The government delivered its reply in support of its mandamus petition to the Federal Circuit yesterday.  The government maintains that the 56 documents Judge Sweeney reviewed are privileged and should not shared with Fairholme."
Will Trump Tackle Housing Finance Reform? - National Mortgage News
Fannie-Freddie Investors Cheer Trump on Hopes of Policy Changes - Bloomberg
Tim Pagliara comments on the impact of the election on Fannie/Freddie via @JoeLight - Twitter
If It’s Not Broken – Oh Wait, It Is Broken - Mortgage Orb
Short Takes: Don’t Look Now but GSE Share Prices are Soaring / Trump Understands the GSEs?... - Inside Mortgage Finance
Steven T. Mnuchin, possible Secretary of the Treasury under President Trump, is on the Board of Directors with Bruce Berkowitz for Sears - searsholding.com
Trump Wins. Will Fannie and Freddie be Privatized? - Inside Mortgage Finance
In a Trump White House, the Government Guaranty on Mortgages is Safe. Right? - Inside Mortgage Finance
How a Trump presidency will shock the mortgage industry - HousingWire
Donald Trump’s Financial Advisory Team Stocked With Wall Streeters - WSJ

Tuesday November 8th 2016
Here's the housing story (or lack thereof) of the 2016 election - HousingWire
What the administration can do now on housing reform - The Hill
Hedge Fund Uses CDO Magic to Transform Fannie Mae Junk Debt - Bloomberg
Short Takes: Negative Feelings on GSE Reform / Zero Capital is Not An Issue / GSE Subcommittee Chairman Garrett May be Vulnerable... - Inside Mortgage Finance
GSEs Continue to Trim Portfolios; The Two are on Track to Meet the 2018 Cap of $250 Billion - Inside Mortgage Finance
A First for Fannie Mae: Reperforming Loan Offering Winner Announced - DS News

Monday November 7th 2016
New filing in the Roberts case, click here to view.
Peter Chapman writes, "Fairholme urges Judge Chang to resist FHFA and Treasury's encouragement to dismiss the Roberts Plaintiffs' complaint before seeing relevant documents. Fairholme tells Judge Chang that Mr. Ugoletti's deposition (contravening the declaration he supplied to Judge Lamberth) and Ms. McFarland's testimony have already uncovered evidence undercutting FHFA and Treasury's positions. Fairholme anticipates that material contained in the 56 documents being reviewed by the Federal Circuit will contain more, as will the additional 11,000 secret documents the government doesn't want to produce.
Fairholme wants Judge Chang to delay ruling on the pending motions to dismiss until the government produces the documents Judge Sweeney told it to."
New order in the Voacolo case.
Peter Chapman writes, "Judge Contreras entered a paperless order this afternoon directing the parties to appear for a telephonic status conference at 2:00 p.m. on Thurs., Nov. 10, 2016, and the clerk made a notation to that effect on the docket sheet."
Unfinished business - timesnews.net
Mortgage Rates Unchanged on Monday -- What Would a Trump Win Mean for the Mortgage Market? - The Motley Fool
The Effect of Raising Conforming Loan Limits - The MReport
What Donald Trump and Hillary Clinton Don't Get About the Housing Market - Fortune

Sunday November 6th 2016
The Case Everyone Should Be Following - yucommentator.org

Friday November 4th 2016
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "The government opposes Fairholme's request to file its oversized response and wants the court to limit Fairholme's response to 30 permitted pages."
2nd  filing in the Fairholme case, click here to view.
3rd filing in the Fairholme case, click here to view.
Peter Chapman writes, "The Federal Circuit entered orders this morning granting Fairholme's requests to file a response containing more than 30 pages and the supplemental appendix."
New filing in the Voacolo case, click here to view.
Peter Chapman writes, "Judge Contreras entered a so-called Fox/Neal Order this afternoon telling Mr. Voacolo that he needs to do something by Dec. 5 or his complaint will be dismissed."
GSE Shareholder Fairholme Describes Maximum Delay Discovery Rigmarole - Seeking Alpha by Glen Bradford
Epstein Dismantles Government’s Latest Effort to Stonewall - Investors Unite
Presidential Election Final Blog - Bill Maloni's GSE Blog
What We’re Hearing: ...Trump’s Treasury Secretary and the GSEs? - Inside Mortgage Finance
The Housing Market is Still Heating Up...For Now - benzinga.com
Why Wall Street Is Falling in Love with GSE Credit-Risk Transfer Deals - National Mortgage News
Obama Is Making a Last Stab Push to Help Loosen Mortgage Lending - Bloomberg
Why Housing Is The Political Issue Candidates Aren't Talking About - Fast Company
GSE loan counts, volumes outpace 2015 levels - Scotsman Guide
Community lenders renew call to allow Fannie Mae, Freddie Mac to rebuild capital - HousingWire

Thursday November 3rd 2016
New filing in the Collins case, click here to view.
2nd filing in the Collins case, click here to view.
Peter Chapman writes, "The (above) Return of Service (Doc. 4) shows that the U.S. Attorney in Houston was served with the Collins' Plaintiffs' complaint on Oct. 26, 2016, and the Certificate (Doc. 5) identifies all of the parties in the Texas litigation challenging the Net Worth Sweep."
New filing in the Fairholme case, click here to view. (Doc 19)
2nd filing in the Fairholme case, click here to view. (Doc 20)
3rd filing in the Fairholme case, click here to view. (Doc 21)
Peter Chapman writes, "Fairholme delivered its response (Doc. 20) to the government's mandamus petition to the Federal Circuit this evening. Additionally, Fairholme filed a motion (Doc. 19) seeking leave to file a response exceeding the 30-page limit imposed by applicable rules. Further, Fairholme filed a motion (Doc. 21) for permission to file a supplemental appendix containing "materials . . . not readily accessible on the Court of Federal Claims public docket," and filed that supplemental appendix (Doc. 22) under seal.
Fairholme argues there's no reason for the Federal Circuit to disturb Judge Sweeney's discovery-related ruling. She analyzed privilege-related law correctly, evaluated the government's claims of privilege in light of applicable legal precedent, exercised her discretion appropriately, and did not usurp the power granted to her. Accordingly, the Federal Circuit should not second-guess her decision. Fairholme urges the Federal Circuit to deny the government's mandamus petition and bring an end to the government's delay in turning over documents Judge Sweeney says Fairholme needs in order to respond to the government's motion to dismiss it's lawsuit filed in the Court of Federal Claims in 2013."
Fannie Mae Reports Net Income of $3.2 Billion and Comprehensive Income of $3.0 Billion for Third Quarter 2016 - fanniemae.com
Fannie Mae hot streak continues, net income increases slightly in Q3 - HousingWire
Fannie Mae's (FNMA) CEO Timothy Mayopoulos on Q3 2016 Results - Earnings Call Transcript - Seeking Alpha
Fannie Mae 2016 Q3 - Results - Earnings Call Slides - Seeking Alpha
Fannie Mae to pay Treasury $3B after Q3 results - Seeking Alpha
Fannie Mae EPS of $0.04 - Seeking Alpha
Fannie and Freddie Bailouts Unique in Helping Government, Hurting Shareholders - Investors Unite
Fannie Mae profit increases as derivative losses shrink - MarketWatch
FTN Financial: No reform in sight for Fannie, Freddie - HousingWire
Why Mortgage Principal Forgiveness Policy Is a Bad Idea - heritage.org

Wednesday November 2nd 2016
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "The government tells the Federal Circuit that it will need three additional days to file its reply to Fairholme's response to the mandamus petition. Fairholme has advised the government that it objects to the three-day extension."
New filing in the Fairholme case, click here to view.
The Court has granted the government's three day extension of time.
New filing in the Roberts case, click here to view.
Peter Chapman writes, "FHFA and Treasury oppose Fairholme's bid to file an amicus brief in GSE shareholder lawsuit pending in Chicago. FHFA and Treasury tell Judge Chang that Chief Judge Reade in Iowa ignored Fairholme and they urge Judge Chang to do likewise and to rule on their motions to dismiss without further delay and without receiving any additional documents that would clutter the record currently before the Court."
SoFi and Fannie Mae announce cash-out refi for student loans - HousingWire
Quicken, other non-banks dominate the low-down payment mortgage market - MarketWatch
How housing would fare under Clinton, Trump - CNBC

Tuesday November 1st 2016
New filing in the Fairholme case, click here to view.
Peter Chapman writes, "Mark B. Stern, Esq., at the Dept. of Justice entered his appearance in the mandamus proceeding this morning."
2nd filing in the Fairholme case, click here to view.
Peter Chapman writes, "The government filed a Notice this afternoon advising that it has delivered paper copies of the 56 documents to the Federal Circuit as directed in the Court's Oct. 27 order."
New filing in the PricewaterhouseCoopers case, click here to view.
The filing is a transcript of yesterday's court hearing.
Freddie Mac Reports Both Net Income and Comprehensive Income of $2.3 Billion for Third Quarter 2016 - freddiemac.com
Freddie Mac posts second profitable quarter in a row - HousingWire
Freddie Mac to write $2.3B check to Treasury after Q3 profit - Seeking Alpha
Freddie Mac swings to $2.3 billion profit - MarketWatch
The author doesn't care about your feelings.
Freddie Mac Hits Earnings Home Run: $2.3 Billion for 3Q; All of it Headed to Uncle Sam - Inside Mortgage Finance
Freddie Mac: The News is All Positive - The MReport
Freddie Mac Posts $2.3 Billion Profit After Loss Year Earlier - Bloomberg
Freddie Mac Has Positive Third Qtr But Taking Precautions - marketnews.com
Freddie Mac's (FMCC) CEO Don Layton on Q3 2016 Results - Earnings Call Transcript - Seeking Alpha
Good Job To PricewaterhouseCoopers And FHFA For Settling GSE Lawsuit - Seeking Alpha by Glen Bradford
Freddie Mac's And Fannie Mae's Shareholders Say: 'Long Live The U.S. King!' - Seeking Alpha
Appraisal Trade Group to FHFA: Freddie Mac is Making a Big Mistake on Appraisals - Inside Mortgage Finance
Hillary Clinton’s Housing Havoc - American Action Forum
Roger Parloff comments on the PwC court transcripts - Twitter
Third-Quarter Commercial Loan Volume Increased 5%: MBA - National Mortgage News
Taking on the Challenge of GSE Reform - The MReport
Berkowitz: Government motion a “shameless” attempt to hide documents from Fairholme - Valuewalk
Freddie Trying to Find the Balance in Credit-Risk Deals - National Mortgage News








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