Fannie Mae-No Politics (FNMA)

[bcde]

"I would like to contribute the following opening Brief to all the coming lawsuits."

I would like to add few points. Plaintiffs should have presented these important points in their filings to SCOTUS to get HERA cancelled.

HERA is a copy of Banking laws that should not be used for FnF:
HERA is a copy of FDIC Laws that is used for banking business. FDIC laws are used to implement and regulate Federal Bank Deposit Insurance Corporation involved in insuring Consumer deposits with the bank. When FDIC acts as both bank deposit insurer and bank conservator it has valid contractual and legal standing to acts in its own interest to minimize its insurance business losses.

But FHFA is pure bureaucratic regulatory agency with no business functions and has no insurance or any financial interests in FnF. FnF are not banks and do not work with consumers or any consumer bank deposits. FnF are mono line insurance companies that buy loans from financial institutions and sell mortgage based securities. FHFA has no valid contractual or any standing what so ever to act in its own interest at the cost of conservatees.

So Court should rule that all HERA clauses as unconstitutional that fail on universally accepted legal and constitutional principles.

At least Court should rule that:

1. FHFA has no valid contractual or valid standing what so ever to act in its own interest at the cost of conservatees.

2. All HERA clauses that are meant for pure Banking business are unlawful because FnF are not banks. All these clauses violate universally accepted legal and constitutional principles.