Fannie Mae-No Politics (FNMA)

[mrfence]

JPS claims sound in tort against the Government as opposed to the GSEs themselves. Therefore, any actions by the Government to satisfy their claims by diluting GSE ownership would add insult to injury giving rise to new 5th Amendment takings claims against the Government which is precisely why direct JPS claims were barred and why there will be no satisfaction of JPS claims by Government appointed BOD via restructuring of Capital. Common owners MUST be in the driver's seat when that happens which will happen later rather than sooner after GSEs are re-privatized under consent decree.