Fannie Mae Preferred S (FNMAS)

[SoFOR]

Because somebody said the words "injunctive relief" yesterday to the DC appellate court deciding Perry v Lew. They basically wrote a letter saying they had a different take to the Pagilara case. That a Conservator has the obligation to maintain the company as a solvent entity if they can. Hence the word CONSERVE...Lol.

Chances are that these decisions by lower courts could all be overturned if the DC appellate court remands or reverses Lamberth decision. Many of the Plaintiffs still have their rights of appeal, they simply haven't filed yet awaiting the outcome of the DC case.

It's all very 50/50. If this were anything else it would have been decided, printed, and college Junior's would be studying it by now. The Judges are known for being independent and eager to follow their interpretation of Law. However, in this case where so much is at stake politically, anything is possible. Including a profound sense of fear by those writing the decision.