Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

There may be still some room to run towards retrospective relief in Collins. At a minimum all the pending litigation keeps the government from taking more drastic self dealing actions that wipe out the shareholders.

Not sure what the governments and Davids next moves are but I suspect that the government will drum up another Motion to Dismiss and David may ask for expanded Discovery to obtain intra governmental communications involving the confirmed FHFA Directors.

Craig Phillips said the prior administration wanted the funds from the NWS for spending on their pet projects but there may be some documents that shed light on whether or not the prior administration wanted Mel Watt out on Day 1.