Fannie Mae-No Politics (FNMA)

[Potty]

But these folks are NOT stupid, so then the question is WHY they are going to SCOTUS?

One answer is that they want full political cover before letting the plan rip - I suspect this is right;

Another answer might be leverage in settlement talks, BUT if SCOTUS says no the Treasury has less leverage... so not sure about that;

Any other substantive suggestions would be very welcome, cos this is an interesting tell on what Treasury is up to.