Wednesday, May 03, 2017 12:53:30 AM
"seeking your valuable advise, here."
Thank you for the compliment!
"What's preventing current shareholders from forming a class action lawsuit against our loyal government if everything goes south for us?"
That depends on what the cause of action is. Derivative lawsuits are prevented by HERA. Therefore, private damages would need to occur. Furthermore, HERA would prevent an injunction. Only money damages are available.
Lawsuits already exist that meet these needs. A class action is unnecessary, since the damages for most shareholders is not very much. Most shareholders bought after the crash and so wouldnt be able to sue for much.
The lawsuits that already exist meet our needs.
Though I wouldnt mind seeing a few lawsuits challenging HERA as unconstitutional. The problem would be standing, as most dont have it since most bought their shares after HERA was created.
"What's the odds of shareholders winning that battle?"
Again, depends on whats being sued on.
Thank you for the compliment!
"What's preventing current shareholders from forming a class action lawsuit against our loyal government if everything goes south for us?"
That depends on what the cause of action is. Derivative lawsuits are prevented by HERA. Therefore, private damages would need to occur. Furthermore, HERA would prevent an injunction. Only money damages are available.
Lawsuits already exist that meet these needs. A class action is unnecessary, since the damages for most shareholders is not very much. Most shareholders bought after the crash and so wouldnt be able to sue for much.
The lawsuits that already exist meet our needs.
Though I wouldnt mind seeing a few lawsuits challenging HERA as unconstitutional. The problem would be standing, as most dont have it since most bought their shares after HERA was created.
"What's the odds of shareholders winning that battle?"
Again, depends on whats being sued on.
Recent FNMA News
- Fannie Mae Announces Sale of Reperforming Loans • PR Newswire (US) • 05/28/2026 02:00:00 PM
- Fannie Mae Releases April 2026 Monthly Summary • PR Newswire (US) • 05/27/2026 08:05:00 PM
- Fannie Mae Reports Net Income of $3.7 Billion for First Quarter 2026 • PR Newswire (US) • 04/29/2026 11:24:00 AM
- Fannie Mae Releases March 2026 Monthly Summary • PR Newswire (US) • 04/28/2026 12:30:00 PM
- Fannie Mae Plans to Report First Quarter 2026 Financial Results on April 29, 2026 • PR Newswire (US) • 04/27/2026 12:00:00 PM
- Fannie Mae Announces Credit Score Model Updates to Advance Credit Score Modernization • PR Newswire (US) • 04/22/2026 05:02:00 PM
- Fannie Mae Releases February 2026 Monthly Summary • PR Newswire (US) • 03/26/2026 08:05:00 PM
- Fannie Mae Announces Results of Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 03/02/2026 02:00:00 PM
- Fannie Mae Releases January 2026 Monthly Summary • PR Newswire (US) • 02/26/2026 09:05:00 PM
- Fannie Mae Announces Tender Offer for Any and All of Certain CAS Notes • PR Newswire (US) • 02/23/2026 02:00:00 PM
