Fannie Mae-No Politics (FNMA)

[jeddiemack]

In many ways the lay definition of conservator has changed.

Similar to the concept of "Police" - we all have our very own thought of what police can and can't do. Or should and shouldn't. Sure, its spelled out in some law some where and written down by some 2 year aspiring law grad writing this - but to the far and many, if asked the concept of "police" will migrate to an average thought.

Similar to conservator, many believe the concept is; as I've been lead to believe in general that that individual or appointee would work in the best interest of the entity being conserved - thus the word conservator. For the benefit of those they owe duty to; being whomever;

But, in this case that concept has largely been abandoned to instead be as interpreted by the judges as anything goes, pursuant to no constraints of Hera.

So, in my view, its a re-write of the conceptual job duties and description of what a conservator is and what they may or may not do.

Which is what you wrote The definitions provided above and below are not related to the use of the term conservator or conservatorship in HERA 2008 its more or less a redefinition of the word pursuant to a written law that took well heeled words and twisted them. They've taken a regular word and altered the definition for purposes of the statute.