Replies to post #275306 on Fannie Mae-No Politics (FNMA)

[mike_usa]

Dan W on December 19, 2014 at 11:46 am
That was potentially a reasonable thing to do in Ally’s case because apparently the TARP funds weren’t returned yet. In FnF’s case, treasury has been paid back. The treasury executing the FnF warrants for any reason at this time would constitute a “taking” of private property.

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TrishG on December 19, 2014 at 1:10 pm
Thanks Dan

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www.timhoward717.com

[stockprofitter]

Dec. 18, 2014 4:16 PM ET - Is the time stamp accurate?

Summary

Judge Pratt asks whether he should just "Read the Statute."
The Plaintiffs say this is music to their ears.
Former HERA technical advisor says statute is not being followed.
This week shareholders of Fannie Mae (OTCQB:FNMA) and Freddie Mac (OTCQB:FMCC) were finally granted access to the court room proceedings of several shareholders lawsuits against the Federal Housing Finance Administration and Treasury.

One of the prevailing themes from the Southern District of Iowa court room proceedings was a question asked multiple times by Judge Pratt. He asked both the plaintiff and the defense, "Is this case as simple as read the statute?"

[Mathan22]

Thanks for posting

[bradford86]

lol

[Always wondering]

Good stuff. Ty DS

[IL Padrino]

Haha. Did you get your PB&J yet?
Great article BTW. It's nice to have a couple of analysts on board here.