Fannie Mae-No Politics (FNMA)

[TRCPA]

~snip~

The questions presented are:

1. Whether FHFA exceeded its statutory powers
under 12 U.S.C. § 4617 when it agreed to transfer the
Companies’ net worth to Treasury in perpetuity in exchange
for no meaningful consideration; and

2. Whether under the statute’s succession clause,
12 U.S.C. § 4617(b)(2)(A), FHFA succeeded to shareholders’
right to sue FHFA for wiping out their investments.

~snip~

CONCLUSION

The Court should grant Defendants’ first question
presented, and for the same reason, it should grant
Plaintiffs’ petition. The Court should deny Defendants’
second question presented.