Replies to post #399855 on Fannie Mae-No Politics (FNMA)

[Dallas66]

so the argument for shareholder rights is, does State ( Delaware ) laws take precedent over the ( conservatorship )FED?


Question for the Legal minds out there...

Could SOME { State ) laws take precedent, while others do not?

[bcde]

What about malfeasance on the part of FHFA Director and conservator?

As per Constitution and appeals court contractual rights remain valid.

Article 1 :‘No State shall…pass any…Law impairing the Obligation of Contracts…’