Fannie Mae (FNMA)

[Release us]

Thursday, June 9, 2022 636 - 6th Floor East Courtroom, 8:30 A.M.

https://www.ca6.uscourts.gov/live-arguments

Before: Gibbons, Cook, Thapar

20-2071 Michael Rop, et al. v. Federal Housing Finance Agency, et al.

1:17-cv-00497 Western District of Michigan at Grand Rapids P. Maloney

Plaintiffs appeal the district court's order granting defendants' motion to dismiss for failure to state a claim
in this shareholder suit alleging that defendants exceeded their authority when the Federal Housing
Finance Agency agreed to divert billions of dollars of Fannie Mae and Freddie Mac dividends to the
Department of the Treasury in exchange for financial support in the wake of the 2008 housing crisis.
(15
Minutes For Plaintiffs; 15 Minutes To Be Shared By Defendants)