Sunday, June 04, 2017 12:42:56 PM
" We are talking about post NWS, after the gov made it clear they never intended to let the GSE shareholders recover."
We have to strictly go by law in these matters.
Gov/Tsy is a investor/creditor in private companies FnF based on private contract agreement and SPSPA is not a law. As per HERA all Gov agencies are prohibited from interfering in FnF conservatorship.
There are no official public announcements. Internal memos and deliberations or TV talking points are not official positions of the Gov.
Loose talk utterances have no legal standing.
Also no Gov official is authorized to make such official statements. Only FHFA or congress or courts can make such announcements.
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