Fannie Mae-No Politics (FNMA)

[familymang]

There are currently three constitutional cases pending, Collins, Bhatti, and Rop.

Collins involves potential remedy due to the unconstitutional structure of the FHFA. This case has been remanded from SCOTUS to the district court which should have a decision by year-end.

Bhatti and Rop both involve the Collins remedy question above, as well as an appointments clause challenge. Bhatti has already been remanded to the district court and just wrapped up briefing so we should have a decision by year-end as well. The ROP case hasn't been fully remanded to the district court yet. Oral arguments are scheduled for June 9th at the appellate level, but I expect a similar decision to Collins/Bhatti which will remand it to the district court later this year.