Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The Supreme Court said that the NWS was a valid act of a conservator. Given that baseline, there is no universe in which FHFA offering Treasury a senior-to-common conversion is not also a valid act of a conservator.

But if any federal agency overreach violates the US Constitution, it can be invalidated.

That's why David Thompson filed in his brief yesterday in Collins that the NWS should be invalidated because it is a Seperation of Powers violation, right?

Just saying maybe our JPS friends have jumped on the 'litigation is finished' bandwagon early, because the NWS was declared legal under the Incidental Powers of HERA in Collins and they are anxious for their "Payday at par or close to it" clock to start going faster.

Don't you think it's better to challenge the Constitutionality of the FHFA and/or the NWS instead of jump into the Dilution solution and instant recap phases?

I hope you don't hold it against me or any other American shareholders (JPS or Common) that wish to challenge this federal government overreach.

Multi Billion dollar litigation just takes time.