June 11, 2014
Reiss on GSE Transfer Taxes
Law360 quoted me in Fannie, Freddie Look Unstoppable In Transfer Tax Fight (behind a paywall). It reads in part, Class actions against Fannie Mae and Freddie Mac over hundreds of millions of dollars in unpaid transfer taxes in states and cities around the … Continue reading
June 11, 2014 in Upstream litigation | Permalink | No Comments
June 3, 2014
Discovery War in GSE Litigation
The United States filed a motion for a protective order in the Fairholme Funds case in the Court of Federal Claims (the Fairholme Takings case). You may not be familiar with protective orders. By way of background, Federal Rule of … Continue reading
June 3, 2014 in Upstream litigation | Permalink | No Comments
June 2, 2014
More on GSE Litigation
Inside Mortgage Finance did a longer story on the GSE litigation that profiled my take on it, Expert: GSE Shareholder Suits at ‘Early Stage’ of a Long Process; Litigation No Barrier to Dissolution, Says Group. Look for the various lawsuits … Continue reading
June 2, 2014 in Upstream litigation | Permalink | No Comments
May 30, 2014
Reiss on GSE Litigation
Inside Mortgage Finance profiled me in Legal Expert: GSE Shareholder Plaintiffs, U.S. Want ‘Total’ Victory (behind a paywall). It reads, Look for the various GSE shareholder lawsuits against the federal government to take a “very long time to be decided” … Continue reading
May 30, 2014 in Upstream litigation | Permalink | No Comments
May 23, 2014
Reiss on State Enforcement of Dodd Frank
Auto Finance News quoted me in The Mess at Condor Capital Signals Stiffer State Oversight. It opens, Legal action brought by New York State last month against Condor Capital Corp., a Long Island subprime lender accused of bilking customers out … Continue reading
May 23, 2014 in Upstream litigation | Permalink | No Comments
May 22, 2014
Reiss in Bloomberg Industries Q&A on Frannie Litigation
Bloomberg Industries Litigation Analyst Emily Hamburger interviewed me about The Government as Defendant: Breaking Down Fannie-Freddie Lawsuits (link to audio of the call). The blurb for the interview is as follows: As investors engage in jurisdictional discovery and the government … Continue reading
May 22, 2014 in Upstream litigation | Permalink | No Comments
May 21, 2014
The Government Takeover of Fannie and Freddie
Richard Epstein has posted a draft of The Government Takeover of Fannie Mae and Freddie Mac: Upending Capital Markets with Lax Business and Constitutional Standards. The paper addresses “the various claims of the private shareholders, both preferred and common, of … Continue reading
May 21, 2014 in Upstream litigation | Permalink | No Comments