Fannie Mae-No Politics (FNMA)

[Potty]

Sweeney and the Court of Claims is looming. If the Collins en banc ruling vacates NWS and says it was contrary to HERA, and highlights the unconstitutional monster FHFA became, along with a proper textual reading of HERA as requiring conservatorship as understood under FDIC frame... then the Washington Federal case becomes pretty interesting - and I believe it is consolidated in the Court of Claims suits. For the acts Yank mentions clearly did NOT “seek to maximize profit” nor further the “sound and solvent” condition that of the companies.

If the Collins en banc goes the way it appears it is headed for plaintiffs, I bet Sweeney will dismiss the government’s motion to dismiss and go to trial. Given the doc discovery and the now emerging consensus about the proper textual interpretation of HERA the government would be taking a big big risk going to trial in the Court of Claims imho