By declining to hear the case of Rop v. FHFA, the Supreme Court effectively shut down shareholder hopes of ending the net worth sweep based on the constitutionality of the appointment of FHFA’s director.

Plaintiffs claim former FHFA Director Mel Watt “thwarted” former President Trump’s plan to end the net worth sweep. The government says, “What plan?”

Financing restrictions imposed following the 2021 collapse of Champlain Towers in Surfside, FL, continue to make it difficult to finance or build new condos.

Fannie’s ongoing problem with its portfolio of senior housing loans comes home to roost in federal district court.

At Freddie’s request, the Sixth Circuit Court of Appeals has overturned a summary judgment that favored Freddie. Confused yet?

After a hung jury, shareholders will head back to court for a second chance at proving FHFA was in breach of contract when it agreed to the net worth sweep with Treasury.

Attorneys for a group of Fannie Mae and Freddie Mac shareholders seeking to overturn the net worth sweep will take another swing at the Fifth Circuit Court of Appeals.

A district court judge in Houston said the plaintiffs weren’t able to prove that they were harmed because President Trump was prevented from removing FHFA Director Mel Watt from office for two years.

Collins, Fairholme and Rop — all cases where shareholders seek to reverse the net worth sweep of GSE profits — may soon end up in front of juries.

Unsealed documents in the pre-trial filings for Fairholme v. FHFA reveal the names of prominent witnesses expected to testify in the October jury trial.