Mario Ugoletti, economist and senior advisor at the Federal Housing Finance Agency, and the subject of the ongoing Fairholme Funds v. The United States case, retired from the agency effective Sept. 30.Ugoletti was a senior official with the Department of Treasury during the government bailout of the GSEs and was special advisor to FHFA Director Mel Watt. Among other things, he helped draft the now-controversial “Senior Preferred Stock Purchase Agreement” whereby Treasury is allowed to “sweep” almost all of the quarterly profits of Fannie Mae and Freddie Mac. The PSPA has been challenged in court by investors that are speculating in the common and preferred stock of the two GSEs. In a sworn statement filed in DC federal court last