Fannie Mae-No Politics (FNMA)

[RumplePigSkin]

The court also agreed to weigh in on issues relating to the statute under which the FHFA became the conservator.

The full conservatorship is on the table. I suggest reading up on courts electing to issue orders sua sponte.

Which for everyone means the court can rule on issues not brought up by either party. SCOTUS could gut FHFA in totality.

Plus, in the Collins briefs, they refer to the coercive nature of the government forcing conservatorship on private companies that had sufficient capital to weather the great recession. It’s in the brief. Not a stretch at all to conceive SCOTUS will gut FHFA sua sponte.

This risk game cuts both ways.