DISCLAIMER:  The following unofficial case summaries are prepared by the clerk's office
                        as a courtesy to the reader. They are not part of the opinion of the court.

171727P.pdf   08/23/2018  Thomas Saxton  v.  Federal Housing Finance Agency
   U.S. Court of Appeals Case No:  17-1727
   U.S. District Court for the Northern District of Iowa - Cedar Rapids   
   [PUBLISHED] [Kelly, Author, with Benton and Stras, Circuit Judges] 
   Civil case - Housing and Economic Recovery Act. In action by three owners 
   of Fannie Mae and Freddie Mac common stock against the Federal Housing and 
   Finance Agency and the U.S. Treasury alleging the agencies exceeded their 
   powers under the Housing and Economic Recovery Act and acted arbitrarily 
   and capriciously by agreeing to a "net worth sweep" (whereby Fannie and 
   Freddie each quarter pay to Treasury their entire net worth, minus a small 
   buffer), this court joins four other circuits which have rejected similar 
   suits from other shareholders. Judge Stras, concurring.