Fannie Mae (FNMA)

[rekcusdo]

"Forgive me if I have it embarrassingly wrong, and also, forgive me for not knowing which one (there are so many), but doesn't one of the pending legal cases argue that, as concervator, FHFA is suppossed to advocte on behalf of the GSE's while Treasury is supposed to advocate on behalf of the government in the context of the deals, contracts, et al ... and that in fact, both entities infact were acting in concert, and on behalf of the government (thus rendering the SPSPA and the NWS) invalid contracts?"

No existing case is arguing exactly what you have posted above. However, several cases are pending that argue pieces of your above statement.

That being said, HERA prevents many of those lawsuits and many have already been dismissed.