Fannie Mae-No Politics (FNMA)

[YanksGhost]

Here's an interesting aspect to contemplate regarding the Supreme Court action pending. I find it entirely plausible that HERA's anti-injunction clause represents a barrier to the court's ability to even render a verdict in Collins unless one of two things happen. Scotus voids that part of HERA. Or... SCOTUS rules that single director and other flaws leave no option but to vacate HERA in its entirety and revert back to the FHFRRAct of 1992.

This involves the self-same issue embedded in the ACA dismantling that is on the Supreme Court agenda on November 10th. The administration says that flaws in the ACA require the entire law be vacated. There is a strong similarity between this and the Collins case upcoming December 9th.

Amy Coney Barrett has written her support for the voiding of the ACA in toto. If confirmed, I anticipate a similar stance on Collins. Thinking rationally, there's single directorship, removal only with cause, anti-injunction, succession clause... that is a LOT to blue pencil, wink and say "stay calm and carry on" under HERA.