Fannie Mae-No Politics (FNMA)

[clarencebeaks21]

“In theory could any of the 8,000+ Fannie Mae and Freddie Mac shareholders initiate a lawsuit in their local federal district courthouse arguing that the August 17, 2012 Net Worth Swipe was unconstitutional and therefore void?”

No I don’t think so. The statute of limitations has passed; 6 years is the max and it’s in the COFC. So new NWS claims at this point would be time barred. The period began to run 8/17/12, expiring 8/17/18.