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Fannie Mae Vs Fairholme: Documents Dissemination Details

Value Walk

July 22, 2014

 

Editor’s note: We posted this Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA), but are reposting as many readers likely missed it and also because ValuePlays provides some good analysis, as well, as highlights of the important parts. 

The following is part of the transcript from the 7/16 hearing. The sides are Cooper for the Plaintiffs and Schwind for the defendants (gov’t). It is clear that in order to expedite discovery, all documents will initially be protected. The two sides will then go back and undesignate documents that do not qualify under the order. Should there be disagreement, the court will then decide. Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA)

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