Fannie Mae-No Politics (FNMA)

[FOFreddie]

Hi Robert - Thank you for all your work in sharing your insights and research.

Perhaps you might find these insights at least intellectually interesting:

1. Regarding Humprey's Perhaps SCOTUS does not care what POTUS may want but comes at it from a need/desire to push back on the Administrative State especially with the possibility of socialist tendencies and future court packing. It may be interesting that at least 2 of the Amicus briefs focused on Humprey's - one of which was from the Pacific Legal Foundation by one of Gorsuch's old clerk. Perhaps Gorsuch is focused on property rights in the West and the impingment from Administrative agencies on rural property rights.

2. Do you remember how Dick Syron and Daniel Mudd were treated after 2008? Rob Khuzami (who ironically was previously General Counsel for DB Mortgage division that ended up paying a fine to the GSEs for wrongdoings) persecuted these guys and destroyed their careers. Mudd was hoodwinked by Mozillo from Countrywide to buy shitty loans but Syron was a guy just trying to do a good job and perhaps likely known to be held in high esteem in the Boston financial community? Do you think Breyer knows the inside scoop what happened to Syron? - Perhaps it was a topic of conversation in the social circles and it seems Syron and Breyer are contempories?

3. Epstein is a Hover Center and Manhattan Institute guy. He also was the neighbor to POTUS44 in Hyde Park when POTUS44 was a State Senator.
Perhaps hey know all the inside stories of each other and currently are adversaries since Epstein is fighting the POTUS44 Center which wants to take over a Lakefront site against the wish of some community activist. Would think Thomas and Alioto are aware of Epstein's views?

4. The recent amendment feels like a prepackaged reorg ? - since there are many intentional conditions and curious financial threshholds.
Seems like a document from a very lengthly multi-party negotiation. Perhaps Yellen and Powell are on Board if Congress does not do anything prior to Sept 2021. Kao probably has it right - remember he is Akanthos which is one of the litigants to either Collins or Lambreth