November 5, 2014
GSE Nationalization and Necessity
Nestor Davidson has posted Nationalization and Necessity: Takings and a Doctrine of Economic Emergency to SSRN. This essay will be of interest to those following the Fannie/Freddie shareholder litigation. The abstract reads, Serious economic crises have recurred with regularity throughout … Continue reading
November 5, 2014 in Upstream litigation by date | Permalink | No Comments
October 1, 2014
Big Decision in GSE Litigation
Regular readers of this blog know that I have written a lot about the shareholder suits arising from the conservatorships of Fannie and Freddie. One of the main cases is being presided over by Judge Lamberth in the District Court … Continue reading
October 1, 2014 in Upstream litigation by date | Permalink | No Comments
August 27, 2014
Reiss on FIRREA Storm
Law360 quoted me in Bold 10th Circ. Opinion Muddies FIRREA Challenges. The article opens, The Tenth Circuit last week gave a strong argument as to why a recent U.S. Supreme Court decision has no bearing on one federal agency’s ability … Continue reading
August 27, 2014 in Upstream litigation by date | Permalink | No Comments
August 1, 2014
FHFA Wins on “Actual Knowledge”
Judge Cote issued an Opinion and Order in Federal Housing Finance Agency v. HSBC North America Holdings Inc., et al. (11-cv-06189 July 25, 2014). The opinion and order granted the FHFA’s motion for partial summary judgment concerning whether Fannie and … Continue reading
August 1, 2014 in Upstream litigation by date | Permalink | No Comments
April 9, 2014
GSE Litigation Through Corporate Law Lens
Adam Badawi and Anthony Casey have posted The Fannie and Freddie Bailouts Through the Corporate Lens to SSRN. The paper takes a look at the bailouts as if they were simple insolvent private firms. This is a helpful thought experiment … Continue reading
April 9, 2014 in Upstream litigation by date | Permalink | No Comments
March 28, 2014
Tough Row to Hoe for Frannie Shareholders
Inside Mortgage Finance quoted me in a story, GSE Jr. Preferred Shareholders Have a Tough ‘Row to Hoe’ in Winning Their Lawsuits (behind a paywall). It reads, Expect a long and winding legal road to resolution of investor lawsuits challenging … Continue reading
March 28, 2014 in Upstream litigation by date | Permalink | No Comments
March 24, 2014
Is $50 Billion of Mortgage Relief Enough?
The National Mortgage Settlement Monitor issued his Final Crediting Report. The report states that In total, the servicers have provided more than $50 billion of gross dollar relief, which translates into more than $20 billion in credited relief under the … Continue reading
March 24, 2014 in Upstream litigation by date | Permalink | No Comments
