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Re: FOFreddie post# 749447

Friday, 02/24/2023 9:29:49 PM

Friday, February 24, 2023 9:29:49 PM

Post# of 796569
Why doesn't the MQD apply to the NWS? Isn't the NWS (i.e., when a conservator agrees to give away all their wards future profits into perpetuity thus making sure that they never go private again) an act by a federal agency to Nationalize the 2 lynchpins of the US Secondary Mortgage Market in the US?

Wouldn't that be a question exclusively reserved for our elected officials in the US Congress?

During testimony at the Lamberth trial, DeMarco said that he also implemented the August 17, 2012 NWS to, "let Congress fix the broken system".

Does HERA specifically command the FHFA Director to decide such a Major Economic and Political Question based on an Incidental Power to act in the best interests of the FHFA and by extension the public it serves?