Fannie Mae-No Politics (FNMA)

[atlanta42]

Well - hopefully he will do his forensic analysis on 11,000 docs that aren't a bunch of redacted nonsense. It's hard to tell these days what is going on with Chad Readler's (principal deputy assistant attorney general in the DOJ’s civil division - NEW under new admin) name on a response in the Collins case that attempts to destroy brown's dissent in Perry.

Here are some gems:

"Judge Brown’s dissent attempts erroneously to import alleged common law
conservatorship principles that may be applicable in the probate or guardianship context"

"Nowhere in HERA did Congress impose on the Conservator the types of duties imagined by Plaintiffs and Judge Brown’s dissent. Rather Congress gave the Conservator powers greater than—and inconsistent with—the powers allegedly held by common law conservators; this authority precludes Plaintiffs’ attempt to engraft such concepts onto HERA."

"HERA states the “purpose” of FHFA’s appointment as conservator is to 'reorganiz[e], rehabilitat[e], or wind[] up the affairs” of the Enterprises.'"