Fannie Mae-No Politics (FNMA)

[Rickie foo]

Thank you Obi!

"As you know, this working paper was used as a reference three times in the 5th Circuit majority en banc argument that FHFA exceeded its statutory authority in enacting the NWS (http://www.ca5.uscourts.gov/opinions/pub/17/17-20364-CV2.pdf).";

Did the 5th Circuit dig these working papers out themselves or they were submitted by the P. in the briefs? Either way, it is my opinion that the the 5th Circuit has a thorough understanding of this case and the over-steps of FHFA and T. The judges (in particular Judge WILLET) have adopted more fact-finding and research into this and its all there in broad daylight if one bothers to see.. Its a pity that after the long drawn out litigation process, the unlawful conservatorship (instead of the NWS) shd be pursued. One would reflect now, perhaps, that would have been an easier route in light of incremental evidence.

RF