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HERA Section 4617(f) Does Not Bar Plaintiffs’ Claims Against FHFA When They Acted Ultra Vires.

HERA Section 4617(f) Does Not Bar Plaintiffs’ Claims Against FHFA When They Acted Ultra Vires.

What is Ultra Vires?

Ultra Vires according to Wikipedia

Ultra vires is a Latin phrase meaning “ 610 more words

Freddie Mac

Section 4617(b)(2) Does Not Apply to Direct Claims

The Direct Claim Argument Should Overcome Section 4617(b)(2).

Courts and the parties agree that FIRREA’s provisions regarding the powers of conservators, including the succession clause, are materially identical to those of HERA. 2,177 more words

Freddie Mac

FHFA, Is Or Is Not The United States When It Acts As Conservator?

FHFA, Is or is not the United States when it acts as Conservator?   We all would like to know.

JUDGE MILLETT: Right, but you can’t have it both ways, either, so if we’re going to assume — 1,213 more words

Freddie Mac

The Novel Procedural Complexities in Perry Capital v. Lew

The Novel Procedural Complexities in Perry Capital v. Lew

6/30/2016

Richard Epstein

On April 15, 2015, the Court of Appeals for the District of Columbia Circuit heard… 4,054 more words

Freddie Mac

Unsealed Saxton Amended Complaint.

Unsealed Saxton Amended Complaint.

Peter A. Chapman wrote:
At the Saxton Plaintiffs’ behest, Magistrate Scoles released the shareholders’ Amended Complaint from seal yesterday.  Copies of the Saxton Plaintiffs’ Motion… 3,445 more words

Freddie Mac

The Unsealed Story behind the 2008 GSEs Conservatorship

Fannie and Freddie Are Forced into Conservatorship 

The Companies were well-positioned to weather the decline in home prices and financial turmoil of 2007 and 2008. While banks and other financial institutions involved in the mortgage markets had heavily invested in increasingly risky mortgages in the years leading up to the financial crisis, Fannie and Freddie had taken a more conservative approach that meant that the mortgages that they insured were far safer than those insured by the nation’s largest banks. 11,756 more words

Freddie Mac