Fannie Mae-No Politics (FNMA)

[clarencebeaks21]

“…does SCOTUS then toss the states?”

Only if the other states lack Article III standing and prudential (judge made) standing. Just because MO might rely on its enterprise MOHELA does not mean the other states have necessarily failed standing.

I haven’t yet examined very closely the other states’ standing, or the individual debtors’ standing—just Missouri’s.

I think MO’s loss of an exchanged-for benefit (in lieu of a fund payment) —that being the very likely loss of about 40% of prior levels of scholarship funds, is not speculative; IMO it’s a reasonable concrete expectation…but reasonable minds can differ.