Replies to post #352785 on Fannie Mae-No Politics (FNMA)

[big-yank]

No need to interfere. Under HERA, an insolvency triggers and end to conservatorship, and end to FHFA in one or both GSEs and puts an end to prohibition of judicial review. This is clear in Lamberh's ruling on "ripeness". It also very clear in the text of HERA.

https://www.govtrack.us/congress/bills/110/hr3221/text

JMHO.

[big-yank]

No need to interfere. Under HERA, an insolvency triggers and end to conservatorship, and end to FHFA in one or both GSEs and puts an end to prohibition of judicial review. This is clear in Lamberth's ruling on "ripeness". It also very clear in the text of HERA.

https://www.govtrack.us/congress/bills/110/hr3221/text

As to your prior post, Fannie has no such debt instruments or debentures outstanding.

JMHO.