Fannie Mae-No Politics (FNMA)

[FOFreddie]

Rodney5 - I appreciate your contribution to this Board as well.

I dont have a good answer for you but I think the Charter Act violation should be most appropriate in the two COFC taking cases challenging the Conservatorship itself. We are still waiting for final revised Complaints by Brydon Fisher and Mike Kelley.

I am not sure I understand the strategy of the other remaining COFC cases but wonder if this could be incorporated in the causes of action going forward.

For example, Wazee is now a class action on behalf of common and JPS for Unjust Enrichment and takings - seems like the plaintiffs are spending a lot of money on trying to get to discovery so why not bring all valid claims on behalf of common and JPS? I dont know what the answer is either.

My current position is I would like to see if the COFC claims survive and see how Collins progresses. I think our best hope now is Collins with potential a potential remedy capping or eliminating the SPS due to the Removal and Appropriations Clause violation. It seems like we have some time under the Statute of Limitations to see how this plays out in in 2023.

Thanks again for your efforts.