Fannie Mae-No Politics (FNMA)

[FOFreddie]

Great point DaJester - it does seem that SCOTUS may have consented to this but perhaps not. That is why the Wazee, Brydon Fischer, and Mike Kelly suits are important and also why the CFPB, Chevron and potentially Collins En Banc ( if it is appealed in the next month) are important.

Did SCOTUS give the FHFA total discretion over the equity of the GSEs also? Collins could be interpreted as giving the FHFA total control of just the ASSETS of the GSEs but did SCOTUS really intend to authorize the taking of private equity by the UST ? Maybe yes but maybe no and we will probably know at the end of the 2024 Term.