Fannie Mae (FNMA)

[obiterdictum]

What would that precedent be, pablocruize?

Perhaps, it could be that the FHFA has no right to violate the contractual rights of shareholders by any means they deem appropriate under the Housing and Economic Recovery Act (HERA) of 2008?

We will have to wait to see what comes next following this case (an FHFA appeal, change in shareholder legal arguments, etc.). And much of what will come next with conservatorships will hinge on who will be President and who will be Secretary of the Treasury in 2025. The current FHFA director will most likely remain in place till 2027, when her term expires.