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
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’
December 4 2019
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