PERRY CAPITAL LLC, for and on behalf of investment funds for which it acts as investment manager, Appellant
v.
Steven T. MNUCHIN, in his official capacity as the Secretary of the Department of the Treasury, et al., Appellees.
United States Court of Appeals, District of Columbia Circuit.https://leagle.com/images/logo.png
Jerrold J. Ganzfried , Washington, DC, and Bruce S. Ross , Los Angeles, CA, were on the brief for amici curiae 60 Plus Association, Inc. in support of reversal.
Eric Grant , Houston, TX, was on the brief for amicus curiae Jonathan R. Macey in support of appellants and reversal.
Thomas R. McCarthy , Arlington, VA, was on the brief for amici curiae Timothy Howard and The Coalition for Mortgage Security in support of appellants.
Myron T. Steele , Dover, DE, was on the brief for amicus curiae Center for Individual Freedom in support of appellants.
Michael H. Krimminger , Washington, DC, was on the brief for amicus curiae Investors Unite in support of appellants for reversal.
Dennis M. Kelleher was on the brief for amicus curiae Better Markets, Inc. in support of appellees and affirmance.
Pierre H. Bergeron , Cincinnati, OH, was on the brief for amicus curiae Black Chamber of Commerce in support of neither party.
Colleen J. Boles , Assistant General Counsel, Kathryn R. Norcross , Senior Counsel, and Jerome A. Madden , Counsel, were on the brief for amicus curiae The Federal Deposit Insurance Corporation in support of FHFA and affirmance.
Dissenting opinion filed by Circuit Judge Brown.
Millett, Circuit Judge, and Ginsburg, Senior Circuit Judge:
In 2007-2008, the national economy went into a severe recession due in significant part to a dramatic decline in the housing market. That downturn pushed two central players in the United States' housing mortgage market — the Federal National Mortgage Association ("Fannie Mae" or...
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