Fannie Mae, Freddie Mac: Order Fairholme Case

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Fannie Mae, Freddie Mac: Order Fairholme Case

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We just found this recent court document (H/T timhoward717.com). As part of our Fannie Mae, Freddie Mac coverage we are posting the full document below.

Judge Sweeney issued the following order today. Seems like a rather long extension doesn’t it? It is crunch time for the government could they be trying to negotiate a settlement before the whole lid is blown off their scheme? Has the government gotten advance word that Judge Lamberth may be about to grant Perrys motion for summary judgment and end the Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) sweep?

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In the United States Court of Federal Claims

No. 13-465 C
(Filed: June 24, 2014)

*************************************
FAIRHOLME FUNDS, INC. et al., *
*
Plaintiffs, *
*
v. *
*
THE UNITED STATES, *
*
Defendant. *
*************************************

ORDER

On June 19, 2014, the court entered an order requiring the parties to file a proposed protective order in the above-captioned case by Tuesday, June 24, 2014. However, on June 24, 2014, the parties contacted chambers by telephone, indicating that discussions regarding the Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) proposed order were ongoing, and requesting an extension of time to file it. For good cause shown, the motion is GRANTED. The parties shall file a proposed protective order no later than Friday, July 11, 2014.

IT IS SO ORDERED.

s/ Margaret M. Sweeney

MARGARET M. SWEENEY

Judge

6:25:14 order 2

Fannie Mae, Freddie Mac: Order Fairholme Case via TimHoward717

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