Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Well, you replied to my post, saying that you thought what I said was untrue, right? Here's what I asked Clarence originally:

“Is 5th Circuit Appealate Panel Decision in CFPB really of national importance, wouldn't it largely be confined to the 5th Circuit (Mississippi, Louisiana, and Texas) and not be precedential in the other Circuits?”

It is ONLY binding on federal courts in the Fifth Circuit, so yes, only those 3 states.[/b

]

You simply suggested that you thought those statements to be untrue, right?

But our subsequent thread shows it is indeed true, that's all.

You also said:

The real question is if the decision is favorable from our perspective will someone be able construct a case, gain a hearing, and produce a relevant, applicable winning argument in court for the GSEs.

The answer to that question is that David Thompson in the Collins case HAS included the Appropriations Clause Claim on appeal to the US 5th Circuit Appealate Court.

So, YES, the CFPB case COULD be relevant to the Plaintiff Shareholders if they want to invalidate the NWS, which I think is a good idea, not only for the prospects of a quicker resolution of the 14+ year CONservatorships, but the shareholders as well.

Do you agree or disagree, and if you think that's wrong, just explain why you think that is.

Invalidating the NWS seems like a good idea and I believe that the shareholders shouldn't give up on that quest.