Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

The FHFA doesn't have ALJ'S.

Administrative Law Judges in other federal agencies allow those federal agencies that have that structure in their enabling legislation to actually Judge their own decisions made by the Executive Branch within their particular federal agency (usually by the Head or overseeing Board of the federal agency).

When a federal agency accuses you or your business of allegedly improper conduct, typically you must get a final judgment from that particular federal agencies Administrative Law Judge(s) prior to filing in your local federal circuit court.

This is what happened in the Michelle Cochran case, a single mother CPA whom the SEC tried to pull her license to practice (and hence her and her families livelihood).

Do you really think that a single mother CPA can mount a million dollar+ worth of legal fees to fight what she felt was an injustice by the SEC, to challenge the SEC's revocation of her CPA license?

Luckily she found a nonprofit advocacy group that was able to stand up for her and her family:

Here's a picture of the young CPA with her attorneys holding up their hands:

https://nclalegal.org/cochran-v-sec/