Fannie Mae-No Politics (FNMA)

[Barron4664]

Fairholm was the Takings case with Sweeney. My bad. Perry case was the original Lamberth case. Anyway, what the outcome of appeal was as I understand it, that HERA barred the courts from hearing all of the APA and other claims against the actions of FHFA-C conservator. However, the NWS action (that was the action challenged) was ultra vires because it potentially violated the basic concepts of common contract law. Therefore this claim was remanded back to Lamberth for adjudication. That has been done. Therefore the NWS and by association in my opinion the SPSPA terms and conditions and its amendments violate common contract law and cannot continue. I believe this is what the judgment delay is all about. Lamberth doesn’t know how to proceed and neither does the government defendants. I believe they will turn to a political capital solution and announce the termination of the SPSPA with great fanfare. The triumph of Bidenomics. Only the 81 million vote getter could possibly have fixed this last vestage of the 2008 financial collapse. The GSEs are fixed and the taxpayers saved and all people can buy a home. That is what I would do. The population of the US doesnt even know what GSEs are or the conservatorship even exists. Its a win win at this point for sleazy gov and shareholders.