Fannie Mae-No Politics (FNMA)

[obiterdictum]

Hi Dax1, The en banc court's decisions do not stop or legally invalidate the net worth sweep.

There is no direction for repayment. Also, no penalties for Treasury on the horizon.

The next step for Collins et al. is back to District Court to battle over Count 1.

In Count I, Collins et al. allege, under the Administrative Procedure Act (APA), 5 U.S.C. § 706(2)(C), (D), there is the means to gain monetary relief by proving in court that FHFA exceeded its statutory conservator authority under 12 U.S.C. § 4617(b)(2)(D).