Fannie Mae-No Politics (FNMA)

[big-yank]

Fannie Mae has been party to numerous lawsuits in virtually every year in its history. Look at how many were discussed just on this message board, today.

If defending Fannie Mae from litigation is not a duty of conservatorship then what is? Yeah, sure, any suit that filed against Fannie Mae gets uncontested and awarded to plaintiffs because FHFA using to DOJ to defend them violates HERA? That would be pure, unadulterated dereliction of duty to fail to defend the GSE from claims. Now THAT would violate HERA!!!!! Right?

"Hey, Mel. Better research legal help quickly because defending your enterprise apparently violates HERA unless you hire some outside legal source that is not a government agency. Nevermind that this is just extra expense for no ourpose. Just DO IT because HERA prevails at any cost and without any benefit of either logic or sanity."

ROTFLMAO!