Fannie Mae-No Politics (FNMA)

[Barron4664]

Those were strong words because your response to Robert was nonsense. He asked why the good faith and fair dealings were allowed given 4617(f) anti injunction clause. You stated because the penalties will come from the GSEs and not affect the powers of the conservator. Nonsense. Lamberth originally dismissed this claims based on HERA. The appeals court overruled him and remanded this claim back to him to adjudicate. Go back and read your link of the Lamberth opinion. He was given explicit instructions to base his decision on certain HERA sections. Notice that 4617(f) was not one of the provisions of HERA he could use to determine reasonable expectations such as good faith and fair dealings of a contract. And he didn’t. Because Common Law contract doctrines can’t just be nullified by Congressional Statute willy nilly such as HERA. Hope your baited breath is satisfied. As always thanks for the debate. I appreciate all that you contribute to the board.