Fannie Mae-No Politics (FNMA)

[FOFreddie]

Barron and Rodney
Here is a quote from the end of the arguments in the Kelly Amended Complaint

Therefore, the Government’s actions put it in privity with the GSEs vis-à-vis the
obligations under the GSE charters, bylaws, and the stock certificates issued to Plaintiff Banks.
As the Supreme Court has recognized:
[E]ven when [the FHFA] acts as conservator or receiver, its
authority stems from a special statute, not the laws that generally
govern conservators and receivers. In deciding what it must do, what
it cannot do, and the standards that govern its work, the FHFA must
interpret [HERA], and “interpreting a law enacted by Congress to
implement the legislative mandate is the very essence of ‘execution
of the laws.’”
Collins, 141 S.Ct. 1785-86 (internal citations omitted). The “FHFA clearly exercises executive
power” when acting as a conservator. Id. at 1786.

There are several references to the Charter.

https://www.glenbradford.com/2023/06/kelly-v-us/