Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

Nice analysis, thanks again, Clarence! I haven't studied Calcutt, but it does seem as if the lower courts are having a difficult time understanding exactly how Collins should be implemented to prospective litigants looking for relief from SOP violations.

Perhaps the SCOTUS will give us some clarity if they decide to take it.

What do you think about this 5th Circuit CFPB case, you know, the CFPB case and the double insulated power of the purse issue to be heard this Fall?

I am reading Professor Adam Levitin's Amicus Brief now and he says that the funding mechanism is misunderstood by the 5th Circuit.

https://www.creditslips.org/creditslips/2023/05/community-financial-services-of-america-v-cfpb-amicus-brief.html#comments

Oh btw, the Pacific Legal Foundation case should come out soon, should be interesting, TALK ABOUT A SYMPATHETIC PLAINTIFF!

HeeeeHeeee, no 'evil hedge fund guys' there !