Fannie Mae Preferred S (FNMAS)

[rosen62]

This is a good article that went unnoticed.

I think...

I do not want to get too excited.

The U.S. Court of Appeals for the District of Columbia, which is known to target administrative flip-flops, took the case.

It struck down the 2010 interpretation, invoking the so-called "Paralyzed Veterans doctrine," a reference to a 2007 ruling that said government agencies must follow notice and comment requirements of the Administrative Procedures Act when making significant changes to rules.

Although I can't say switching from conserving assets to winding down represents a flip flop.

Thank you, SA.