IN RE COUNTRYWIDE FINANCIAL CORP. MORTGAGE-BACKED

Case Nos. 2:11-ML-02265-MRP (MANx), 2:12-CV-1059 MRP (MANx).

932 F.Supp.2d 1095 (2013)

In re COUNTRYWIDE FINANCIAL CORPORATION MORTGAGE-BACKED SECURITIES LITIGATION Federal Housing Finance Agency, as conservator for the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation, Plaintiff, v. Countrywide Financial Corporation, et al., Defendants.

United States District Court, C.D. California.

March 15, 2013.


Attorney(s) appearing for the Case

Adam M. Abensohn, Christine H. Chung, David B. Schwartz, Leah McCallister Ray, New York, NY, Molly C. Stephens, Los Angeles, CA, Renee Beltranena Bea, San Francisco, CA, for Plaintiff.

Mark Holland, Daniel P. Roeser, New York, NY, Alexis L. Shapiro, Brian Charles Devine, Brian E. Pastuszenski, Don M. Kennedy, John B. Daukas, John J. Falvey, Jr., Boston, MA, Lloyd Winawer, Los Angeles, CA, for Defendants.


Order Re Motions to Dismiss the First Amended Complaint

MARIANA R. PFAELZER, District Judge.

I. Background

The Federal National Mortgage Association ("Fannie Mae") and the Federal Home Loan Mortgage Corporation ("Freddie Mac") are government-sponsored enterprises ("GSEs"). The GSEs are private corporations chartered by Congress to provide stability to the U.S. mortgage market, to respond appropriately to the

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