Replies to post #259102 on Fannie Mae-No Politics (FNMA)

[ada]

When news of this lawsuit came out, it sent the stock down if I remember correctly. Let's see if it corresponds back up. I doubt it.

[HennHouse]

So basically zero affect on fannie's status. Screw it I'll buy some more!

[navycmdr]

imo -- this has nothing to do with reversing the Lambert ruling on appeal

HERA was never intended to allow the GOVT to STEAL PRIVATE PROPERTY

[roockie]

John Carney is trying to use this ruling to make a prediction about the outcome of our fannie lawsuits? ludicrous

[Donotunderstand]

If I were the judge --- and its this case - as described right below - I would look to Lamberth and toss it too

This has less bearing then the market is giving it - connecting the plaintiff dots here would be excruciating - and any judge would look for an exit

NEW YORK, Oct 22 (Reuters) - A federal judge has dismissed a lawsuit brought by Massachusetts Attorney General Martha Coakley that accused mortgage finance giants Fannie Mae and Freddie Mac of violating a state law meant to prevent financially troubled residents of the state from losing their homes.