Fannie Mae-No Politics (FNMA)

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From german Ariva board

Fairholme Wins Again In Court vs Treasury/FHFA

Posted by ToddSullivan
on April 4th, 2014

Judge Sweeney today accepted as proposed Fairholmes discovery schedule vs Treasury/FHFA.

Discovery shall commence on Monday, April 7, 2014, and shall be completed by Thursday, July 31, 2014.

The gov’t had sought to both delay discovery and severely limit its scope, both arguments were rejected by the Judge..

We can expect ~10 depositions and 25 interrogatories to be served on various Treasury and FHFA officials starting next week as well as a massive document request. There will be a status conference every two weeks basically so the Judge can threaten and chastise the gov’t for their anticipated heel dragging and general lack of cooperation

This is gonna be sooooo good