Fannie Mae-No Politics (FNMA)

[Mikey Mike]

Lol...cat chasing it's own tail...FHFA as conservator received the power and rights by HERA to make all decisions for shareholders, yet treasury is also a shareholder...which FHFA should adhere to the laws so stated by HERA...

" A. HERA’s Express Language Transfers “All Rights” of Fannie Mae’s
Shareholders to the Conservator. This Includes the Shareholder-Right to
Inspect and Mandates Substitution of the Conservator as Plaintiff Here."

" Through the PSPAs, Treasury agreed to provide billions
of dollars for the Enterprises’ continued operations in exchange for a comprehensive package of
rights."

" 12 U.S.C. § 4511 et seq.); see also Compl. ¶¶ 54, 55. HERA grants FHFA’s Director authority
to place Fannie Mae and Freddie Mac in conservatorship and specifies that at the inception of
conservatorship, FHFA shall “by operation of law, immediately succeed to . . . all rights, titles,
powers, and privileges of the regulated entity, and of any stockholder, officer, or director of such
regulated entity with respect to the regulated entity and the assets of the regulated entity.” 12
U.S.C. § 4617(b)(2)(A); see also Compl. ¶ 55. HERA also expressly empowers the Conservator
to “[o]perate the [Enterprises] . . . with all the powers of the shareholders, the directors, and the
officers” and to “conduct all business of the [Enterprises].” Id. § 4617(b)(2)(B)(i)."