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Re: nats1 post# 705326

Wednesday, 12/29/2021 8:42:21 AM

Wednesday, December 29, 2021 8:42:21 AM

Post# of 801025
Seems to me that the Congress when writing HERA assumed that the "conservatorship" would be temporary and that after the gses were rehabilitated they would be returned to their rightful owners.

A perpetual conservatorship designed to shake out funds from two private corporations for the exclusive benefit of the federal government is contra to the legislative intent of Congress when they passed HERA and attempting to do so could run into opposition from the Judicial branch of the federal government.

We'll see what happens.