Fannie Mae (FNMA): The FHFA during the 14+ year CONservator...

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Robert from yahoo bd

Re: jog49 post# 745407

Saturday, 01/21/2023 12:58:24 PM

Saturday, January 21, 2023 12:58:24 PM

The FHFA during the 14+ year CONservatorships has the unique position in the eyes of businesses and the courts as either acting as the conservator and thus stepping into the shoes of the entities OR acting as a federal government agency Regulator.

Little wonder the FHFA never wants the 14+ year CONservatorships to end, and they could easily keep 100% control over the GSES by keeping them in perpetual conservatorships and continually bypassing the Congressional Appropriations Oversight Process for their operating funds as well as have the GSES balance sheets bankroll the expensive legal defenses of the perpetual conservatorships.

Amerika, my kinda place wink

wink

!

I thought someone was going to come in and clean up the swamp, because apparently this arrangement is "a okay" with the federal courts.

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