Fannie Mae-No Politics (FNMA)

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In a statement, Calabria said he respects the Supreme Court’s CFPB decision, while adding that it doesn’t “directly affect the constitutionality of FHFA, including the for cause removal provision.”

What a ham! Maybe not now at this particular moment in time, but anyone with half a brain can see where this is headed for FHFA.

The CFPB and FHFA have identical structures -- they are independent agencies run by a single director. Last September, a panel of federal appeals court judges in New Orleans concluded that the FHFA structure was unconstitutional. The Supreme Court has deferred acting on that case until it resolved the CFPB fight. The high court could now deal with the FHFA matter as soon as July 2.

Ya got 3 days minimum to put that gun back in yer holster buddy!

https://finance.yahoo.com/news/fannie-freddie-bulls-warning-high-191316733.html