Fannie Mae-No Politics (FNMA)

[Here I am]

The FHFA won't be sat at the negotiation table with the Government and the 5th Circuit Court, due to the declaration of being unconstitutionally structured.
In this image you see when a judge for the USDC SDNY removed on year ago the agency CFPB from any Court action arguing lack of authority to bring cases before a U.S. Court, due to being unconstitutionally structured.
So, the FHFA doesn't exist in the U.S. Legal System.
This is very good news for the Common Shareholders, because the FHFA is a Moelis' branch.