Fannie Mae-No Politics (FNMA)

[The Man With No Name]

I never got an answer or opinion so let me post this again:

FIDUCIARY

A fiduciary is a person or organization that acts on behalf of another person or persons, putting their clients’ interests ahead of their own, with a duty to preserve good faith and trust. Being a fiduciary thus requires being bound both legally and ethically to act in the other’s best interests.

A fiduciary may be responsible for the general well-being of another (e.g., a child’s legal guardian), but the task often involves finances—for example, managing the assets of another person or a group of people

Money managers, financial advisors, bankers, insurance agents, accountants, executors, board members, and corporate officers all have fiduciary responsibility."

SO, WHY HASN'T ANY OF THIS MYRIAD OF LAWSUITS BEEN FILED FOR FAILURE OF FIDUCIARY, NOTHING MORE, NOTHING LESS?

Because it's the law that while in conservatorship, the company doesn't (nor anyone else) owe you a fiduciary duty.

And any lawyer that filed such a suit would look like a total dumbass.