Fannie Mae-No Politics (FNMA)

[NeoSunTzu]

Just drop this thread your reply tells me you obvioulsy misread or misunderstood my last post. The differences in jurisdiction and where the decisions hold for district courts, U.S. court of Appeals, and SCOTUS are completely clear to me. If you feel you are educating the rest of the board then fine.

The problem you run up against pulling up bits and pieces from the various court cases and law sites and going down these rabbit holes is that you are on a stock board where the vast majority have no legal background, including the both of us, and the speculation just runs rampant. It can be interesting but it borders on mental masturbation - massive amounts of it here lately. Even if SCOTUS takes and upholds the decision it's a long and unclear path to any GSE applicability - best left to someone in the field of law or shareholder lawyers to comment on - at least there would then be some professional credibility to back up the prognostications.