Fannie Mae (FNMA)

[Robert from yahoo bd]

The whole Nationalization/Net Worth Sweep is unbelievable, did HERA envision the FHFA in conjunction with the UST to do a defacto Nationalization of the GSES during Conservatorship? Collins said it was okay, but Lamberth's trial showed it was a breach of contract between the Shareholders and their companies.

I wonder if it violates the US Constitution under the MQD, as major questions of national economic significance shouldn't be decided by federal agency clowns like Jim Parrot, Mary Miller and Stegman, but by our elected representatives in the US Congress.

Under an MQD Cause of Action in the federal courts, has the Statute of Limitations tolled on the August 17, 2012, Net Worth Swipe or does it survive quarterly with the Sweeps of profits and/or Liquidation Preference?