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ano

Re: FFFacts post# 615984

Sunday, 06/21/2020 6:12:24 PM

Sunday, June 21, 2020 6:12:24 PM

Post# of 866842
two and three are already proven in th 5th circuit en banc and one is per the constitution a taking (Nondisclosure of facts/breach of BOD consent or breaching duty of candor by the old BOD)

These are all matters that have to be proven in court and adjudicated and remdeied accordingly. Admin action can moot the cases or plaintiffs can voluntary dismiss if they feel the remedy offered through administrative action would outweigh the remedy offered in court.



1) The FHFA put FnF into conservatorship on agreed consent, then the liquidation preference should be paid down but the companies are not allowed to do so per contract.
2) The FHFA acted as Receiver but their statute was conservatorship (see 5th circuit en banc)
3) 5 U.S.C. § 706(2)(C), (D), affords relief because FHFA exceeded its statutory conservator authority under 12 U.S.C. § 4617(b)(2)(D).
Etc etc etc

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