Fannie Mae-No Politics (FNMA)

[FOFreddie]

Shareholders have a good chance of having the SPSA being voided as a Constitutional remedy. They lost 9-7 on the NWS when Collins went to SCOTUS but that was before the "special conservatorship" ruling from SCOTUS. It is probably a 9-7 majority for shareholders if it gets appealed again En Banc but the panel composition is very important. How many of the 9 judge majority will be placed on the panel is very important.