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IN RE FEDERAL NAT. MORTG. ASS'N SECURITIES

Civil Case No. 08-1093(RJL). MDL No. 1668.

725 F.Supp.2d 142 (2010)

In re FEDERAL NATIONAL MORTGAGE ASSOCIATION SECURITIES, DERIVATIVE, and "ERISA" LITIGATION Federal Housing Finance Agency as Conservator for the Federal National Mortgage Association v. Raines, et al. (Agnes).

United States District Court, District of Columbia.

July 27, 2010.

Attorney(s) appearing for the Case

Jonathan Watson Cuneo , Cuneo Gilbert & Laduca, LLP, Washington, DC, Matthew E. Miller , Robert J. Cynkar , Cuneo Gilbert & Laduca, LLP, Alexandria, VA, for Plaintiff.

Joseph Marshall Terry, Jr ., Jefferey Dee Bailey , Williams & Connolly LLP, Richard Miles Clark , Zuckerman Spaeder , James D. Wareham , Carolyn Elizabeth Morris , James Edward Anklam , Paul, Hastings, Janofsky & Walker LLP, David Sidney Krakoff , Adam B. Miller , Buckleysandler LLP, C. Paul Chalmers , Lisa A. Prager , Wilson Sonsini Goodrich & Rosati, PC, Mitka T. Baker , DLA Piper LLP, Michael K. Isenman , Goodwin Procter LLP, Kathryn Schaefer Zecca , Robbins Russell Englert Orseck , Washington, DC, John E. Clabby , U.S. Attorney's Office, Newark, NJ, Barry M. Kaplan , Douglas W. Greene , Wilson Sonsini Goodrich & Rosati, PC, Seattle, WA, Daniel W. Turbow , Wilson Sonsini Goodrich & Rosati, P.C., Palo Alto, CA, Kerry F. Cunningham , Richard F. Hans , DLA Piper LLP, New York, NY, Brian E. Pastuszenski , Stacey S. Baron , Stuart M. Glass , Goodwin Procter LLP, Boston, MA, David Siegel , Randall L. Jackson , Irell & Manella LLP, Los Angeles, CA, for Defendants.

MEMORANDUM ORDER

RICHARD J. LEON, District Judge.

Before the Court are two motions, both of which seek dismissal of this case but for very different reasons. The first motion, which was filed by the plaintiff Federal Housing Finance Agency ("FHFA") as the conservator for the Federal National Mortgage Association ("Fannie Mae"), requests voluntary dismissal without prejudice or, in the alternative, a 180-day stay. FHFA claims that it needs more...

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