Fannie Mae-No Politics (FNMA)

[big-yank]

To save you some time, here is a recap of Judge Lamberth's ruling. Note the final section in Lamberth's comments on plaintiff's misdirected complaint that really arose because of how Congress wrote the law. There has been tons of commentary on this point since his ruling.

http://www.dailyreportingsuite.com/banking-finance/news/hera_protects_fannie_mae_and_freddie_mac_conservator

For the life of me, I still cannot comprehend why NO ONE filed a constitutional lawsuit challenging the legality of HERA and the powers it imparted to FHFA. Judge Royce Lamberth laid out the way for plaintiffs to have legal standing and they, instead, chose to ignore his guidance and charge ahead and just re-litigate largely the same arguments that he already rejected.

JMHO.