Fannie Mae (FNMA)

[obiterdictum]

Oberdictum thanks seems you are saying not really remedying Fannie shareholders but perhaps directing lower courts on path

Yes. Please review the arguments and questions found in the petitions.

https://www.supremecourt.gov/# - Scroll down to Wednesday, December 9.


Only in some legal carve-out, such as if FHFA is unconstitutional could or would they give backward looking remedy, but they all balked at the end per reporting that this would not be a good thing for SCOTUS to do here as it opens other SSA etc issues.

Yes, there was hesitancy. There was uncertainty. No decision has been made and the leanings made toward one side or another by the Justices are not ascertainable.

However SCOTUS decides the questions before it, there will be future legal consequences and economic impact not only for shareholders, the FHFA, and HERA, but also on other federal agencies and the housing economy. Contemplation of such consequences and impact is the base reason for Justices asking the questions they did, some of which were couched in hypothetical contexts and future outcomes. Lower courts will have to deal with the decisions made on the questions presented.

I guess we wait for Sweeney FCC

We wait.

Thanks

You are welcome.