Fannie Mae-No Politics (FNMA)

[Always wondering]

"In the US District Court for DC, the Defendants argue that the Court has no jurisdiction over Plaintiffs’ claims seeking relief because the FHFA has the statutory authority and power under HERA Sec. 4617(f) to do what it has done with relative impunity wherein “no court may take any action to restrain or affect the exercise of powers or functions of the [FHFA] as a conservator.” Because the FHFA was acting within its statutory power to enter the PSPAs and to make the three amendments, the US District Court for DC is said by the Defendants to be barred from granting the Plaintiffs' claims. They FHFA admits, strangely, that only when the Conservator is “acting clearly outside its statutory powers” is Section 4617(f) inapplicable."

So the FHFA is claiming it would be impossible to bring any legal actions due to the simple fact of having the conservatorship title? Unless they act out of scope of statutory authority? How can that ever be proven if no court or case would have standing?