December 2019

December 27 2019

New filing in Wazee vs. U.S., click here to view

Peter Chapman writes, “Wazee and Highland tell Judge Sweeney they need a 52-day extension to file the status report they were previously directed to file 14 days following a ruling on the government’s motion to dismiss Fairholme’s lawsuit in the U.S. Court of Federal Claims.”

New filing in Fannie/Freddie Consolidated Class Action, click here to view

Peter Chapman writes, “Judge Lamberth placed his stamp of approval on the scheduling order, setting a variety of discovery-related and pre-trial deadlines and scheduling a trial to convene on Mar. 31, 2021. “

American Banker: FHFA’s focus in reforming GSEs: Capital, capital, capital

December 23 2019

Globe St: The Landscape after GSE Privatization

RIS Media: Capitol Hill Update: NAR’s 2019 Political Advocacy Efforts

December 20 2019

Mortgage News Daily: Senate Banking Committee Has Some Questions Regarding Housing Reform

December 18 2019

Bloomberg: Senate Democrats Ramp Up Scrutiny of Trump’s Fannie-Freddie Plan

American Banker: Senate Democrats demand more GSE reform details from FHFA

December 17 2019

Post Independent: Bankers’ Hours column: Privatizing Fannie Mae and Freddie Mac

New filings in Fairholme vs. US

A copy of Chief Judge Sweeney’s unsealed opinion may be viewed here.

FHFA and the GSEs delivered their brief to the D.C. Circuit on December 12. The filing may be viewed here.

Fairholme and the government advised Chief Judge Sweeney today they think her opinion and order entered on Dec. 6, 2019, should be made public. A copy of that parties’ Joint Status Report may be viewed here.

December 16 2019

DS News: Is the Net-worth Sweep at the GSEs Constitutional?

Breitbart: Carney: Fannie and Freddie Investors Should Be Wary About Latest Legal Win

December 12 2019

CATO Institute: No Government Promotion of Homes or Mortgages

December 10 2019

Bloomberg: Everybody Panic! Fannie and Freddie Are … Doing Fine

Housing Wire: Fannie Mae, Freddie Mac watchdog prepping for “massive IPO”

December 9 2019

Philadelphia Inquirer: Did U.S. steal $300 billion from investors in ‘coercive’ takeover of Fannie Mae, Freddie Mac?

Bloomberg: Fannie Mae and Freddie Mac Make the 30-Year Mortgage Possible

DS News: GSEs Move Closer to Public Offering

Bill Maloni’s GSE Blog: Are the FHFA newbies birds of a negative feather?

December 6 2019

An audio recording of oral argument on the government’s motion to dismiss Fairholme vs U.S. is available in audio format, free of charge, here.

Fox Business: Ahead of Fannie Mae, Freddie Mac massive IPO, FHFA poised to pick Wall Street adviser

Fox Business: Fannie Mae, Freddie Mac IPO could be whopping $150 million to $200 million: Sources

Yahoo! Finance: DoubleLine on why Fannie, Freddie won’t be released from conservatorship soon

DS News: GSE Reform: ‘Lots of Work Remains’

More Shoes to Drop (PDF)

December 4 2019

Yahoo! Finance: DoubleLine’s Hsu on why Fannie and Freddie won’t be released from conservatorship anytime soon

Lexology: Treasury and HUD Recommendations Could Increase Private Sector Participation in Housing Finance

December 3 2019

Bloomberg Law: Fannie-Freddie Investors Should Be Paid, Ex-Treasury Aide Says

The Hill: Next Fannie and Freddie bailout is bound to be costlier and stealthier

December 2 2019

Reverse Mortgage Daily: FHFA Increases Conforming Loan Limits for Fannie, Freddie in 2020

Finally, A Judge Who Gets It (PDF)