Fannie Mae-No Politics (FNMA)

[FOFreddie]

The plaintiff's attorneys in Collins represent both common and JPS shareholders and are bound by legal ethics to fairly and equitably represent all their plaintiffs - common and JPS alike.

I would urge everyone to listen to Familymang's arguments to the contrary and consider selling your shares if you believe them but there may be solid reasons to disagree.

The potential remedy for the Appropriations clause separations of Powers claim in Collins could be only the Liquidation Preference at the imposition of Conservatorship which could be a max of $ 2 billion.

The remedy for the removal claim in Bhatti could be no more than the SPS liquidation claim as of January 2018 when DJT could have removed Director Watt. See Judge Jones discussion with David Thompson in the recording below regarding potential remedies.

Kimbrown seems right about the need for Discovery before a remedy most likely can be rendered unless the SPS Liquidation Preference is just wiped out.

Check out the dialogue between David Thompson, Judge Higginson, Judge Willet and Judge Jones during Thompson's oral argument in Collins at the January 2022 En Banc Hearing. The Judges who asked questions definitely have spent time understanding the facts around the conservatorship and what has transpired since Collins was originally filed.

https://www.ca5.uscourts.gov/OralArgRecordings/17/17-20364_1-19-2022.mp3