Top Ten Takeaways from 5th Circuit Hearing in Collins v. Mnuchin

Judges on the U.S. Court of Appeals for the 5th Circuit were not buying what the government was selling at a hearing last week. That might be very good news for shareholders in the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. In an Investors Unite teleconference hosted by founder and Chairman Tim Pagliara […]

GSE Shareholder Litigation Update Teleconference

Investors Unite Teleconference: GSE Shareholder Litigation Update Thursday, January 31, 2019 // 10:00 a.m. ET On January 31, 2019, at 10:00 a.m. ET, Executive Director of Investors Unite Tim Pagliara will hold a teleconference to update Investors Unite members on the most recent legal developments in U.S. Fifth Circuit Court of Appeals Collins vs. FHFA […]

On Second Thought…Deep Skepticism at the 5th Circuit About the Net Worth Sweep

The government would have us believe the Federal Housing Finance Agency (FHFA) is unconstitutional in its structure but its actions are within the law. But U.S. 5th Circuit judges are wondering anew how it could possibly have been okay for FHFA, as Fannie and Freddie’s conservator, to drain the GSEs of their capital when the […]

On Second Thought, Lamberth Agrees GSE Shareholders Can Still Press Claims

Late last week, U.S. District Judge Royce Lamberth, of all jurists, gave shareholders a small boost in the fight against the government’s ongoing seizure of the quarterly profits of Fannie Mae and Freddie Mac. On September 28, Lamberth agreed that shareholders could not have known the 2012 Net Worth Sweep was a course the government […]

Ten Terrible Years and a Prelude to More of the Same

It is now over ten years since Fannie Mae and Freddie Mac were placed into a government conservatorship as the U.S. economy inched toward a catastrophic free fall. And where do things stand? For one thing, what could have been a decades-long coma in the housing sector turned out to be a relatively short health […]