Fannie Mae-No Politics (FNMA)

[RockRoll]

However, the ruling also delivered a blow to investors who have been seeking to upend Fannie Mae and Freddie Mac's profit sweep into the Treasury through the Third Amended Dividend Agreement.

Fannie and Freddie shareholders have questioned the net-worth sweep rule since it was enacted in 2012, arguing that it is illegal, but the appeals court dismissed those claims, agreeing with other courts that the Housing Economic and Recovery Act of 2008 placed restraints on judicial review.

What a freaking albatross that Congress & Admin chained around our necks. And this Congress & Admin appear to be in no hurry to right this wrong.