Fairholme Gets Another Favorable Ruling In Fannie Mae, Freddie Mac Case

Fannie Mae / Federal National Mortgage Assctn Fnni Me (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) shareholder won an important decision yesterday when Judge Margaret Sweeney for the US Court of Federal Claims ruled that not only the discovery process continue in Fairholme’s case against the Federal government, but it will encompass a broader range than the government had hoped for. Fannie Mae, Freddie Mac: Sweeney rejects FHFA’s blanket claim to deliberative process privilege The Federal Housing Finance Agency has been trying to halt the discovery process in this case by arguing that the courts don’t have…