Fannie Mae-No Politics (FNMA)

[Potty]

Jog, I said this a year ago before she ruled, but I have A LOT of faith in Judge Margaret Sweeney. Judge Sweeney has given her life to the Court of Claims and served that institution with integrity.

If Judge Sweeney ever rules, then I expect a very fair and even handed ruling, whatever it my be

In addition, SCOTUS has a conservative majority wanting to curtail -- and rightly -- the excesses of out of control agencies. They are going to bring the wood to the CSPB and, hence, to FHFA. And they are going to be keen to disincentivize future agency excess -- so we will see retrospective remedy imho

So, yes, I do think the courts are bringing good news from SCOTUS in July and Sweeney in 2021. The question is whether Mnuchin wants to let that happen or not.

Who knows what the debate inside the White House over FnF looks like?