Fannie Mae-No Politics (FNMA)

[FOFreddie]

Thanks Robert - I am assuming that if the proceedings were going to be stayed the FHFA and the UST would have moved to stay them rather than reply and ask for oral hearings. I think Familymang is right about this one. Also - the ruling by the 2nd circuit on the CFPB issue helps to separate the FHFA consideration from the CFPB which I think helps our cause because I am thinking that the 5th will rule that the FHFA also violates the Appropriations Clause. If shareholders win perhaps SCOTUS will take up Collins again as part of the CFPB cases ?

Also - I dont know if shareholders win with the 5th Circuit does it need to go back down for a remedy again?

Bottom line would seem to be that the Approprations issue will be most likely finally resolved in 2024 and possibly 2025 depending if SCOTUS considers and remands back to 5th Circuit to be in conformity with its ruling in the CFPB controversy between the 5th and 2nd Circuits.