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Re: Mnemonic post# 685024

Wednesday, 06/23/2021 2:38:32 PM

Wednesday, June 23, 2021 2:38:32 PM

Post# of 869592
My thoughts exactly. It seems that FHFA can hold the GSEs in perpetual conservatorship for eternity because it is in the best interests of the FHFA and that is with the SCOTUS blessing -- so good luck overturning that.

That is why I liquidated everything because even if the GSEs retain capital back to adequate levels the FHFA may still choose not to release and have the power and authority to do so.

With this ruling the GSEs were re-chartered with HERA.
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