Fannie Mae-No Politics (FNMA)

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Does HERA violate "contract clause" of Article I of the United States Constitution?

As per FHFA filings HERA supercedes all the rights of shareholders (investors) including all the contracts between FnF and investors clear violation of contract clause in Article I of the United States Constitution.


Freedom of contract:
Freedom of contract is the freedom of private or public individuals and groups (of any legal entity) to form contracts without government restrictions. This is opposed to government restrictions such as minimum wage, competition law, or price fixing.

What is the contract clause?
The clause is found in Article I of the United States Constitution. Generally speaking, this clause was added to the Constitution in order to prohibit states from interfering with private contracts. The clause states that, ‘No State shall…pass any…Law impairing the Obligation of Contracts…’