Fannie Mae-No Politics (FNMA)

[imtheshadow]

Since POTUS seems dedicated to undoing everything Obama did as fast as possible, and POTUS has now declared that HE is the law, why hasn't he acted unilaterally to reverse the sweep? The reason/excuse of waiting for Congress is BS, so what's the hold up? To busy? Nope, he could do it with an EO, or maybe less. Folks, I'm not so sure POTUS is in on our side - and IF that's true - I wouldn't be surprised if POTUS ignored SCOTUS should they ever rule in our favor.

BTW, I remain skeptical about the P's claiming that 100% isn't a rate with regard to dividend preference under Delaware (and VA) law. What would constitute a permissible rate ... 5% ... 25% ... 75% ... 99% ... 99.999999999999%??? I'll be amazed if the court tries to pick a rate somewhere below 100% that is acceptable.