Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

I think under HERA you only had a 60 day time frame from the September 06, 2008 placement of the gses into Conservatorship to actually challenge the validity of the Conservatorship in the courts (aka the Statute of Limitations). Although I think the Washington Mutual case may be the only remaining viable case that has challenged the Conservatorship itself.

You mean you didn't believe Lockhart when he said, "Nothing to see here folks, the "Conservatorship" is temporary, we are going to right the ship and everything will be back to normal", in his news release? How can you tell when a politician is lying? When he is moving his lips...