Fannie Mae (FNMA)

[FFFacts]

You said the spspa is void if the verdict is upheld. That is false, this was a claim for monetary damages nothing was for injunctive relief. Nothing that says the spspa will be void as a matter of law.

The gov motion for dismissal as a mater of law I believe establishes 2 things. First, if the 8-0 verdict survives, then the SPSPA as currently written will have to end.

2.

Second, the gov motion is highly likely to succeed because this verdict is all that is left of a failed flimsy attempt from 15 years ago that never alleged any violations of the actual laws that mattered.

. That is your opinion that their motion is likely to succeed, which I disagree with. But you are mostly correct that

No one in all of these years from state and federal district courts to the supreme court ever mentioned the charter act or the safety and soundness act of 1992. The only laws that actually matter. Therefore, with the absence of those claims, the Gov is correct based on the historical adjudication of the NWS as if it existed in a bubble that the jury verdict should be overturned. Sad but true in my opinion.

. Again dumb plaintiff attorneys.