Replies to post #413534 on Fannie Mae-No Politics (FNMA)

[atlanta42]

Yea - I agree. Stuff like that does go a long way in court

[Clark6290]

Not a guaranteed victory. Most folks thought the Feb verdict would be positive for shareholders, 10 months of sitting on the case and shareholders lost. Even with a DE win, government will appeal.

I am counting on Congress to pass housing reform, Men has already reformed the GSEs.

[Donotunderstand]

yes

his argument is solid

but does he understand how to convince judges to not listen to the HERA clause that strips courts of jurisdiction?

[bcde]

It is better to have reasonable expectations from courts especially in FnF cases.

1. District courts presided by single Judge will never rule in favor private citizens and always in favor of Gov.

2. Appeals Courts presided by panel Judges may rule partly in favor of private citizens and partly in favor of Gov. But will never award damages against Gov.

3. Appeals Courts presided by enbanc Judges may rule favorably for private citizens but will never award damages against Gov.

4. SCOTUS Court may rule favorably for private citizens and remand to lower courts.