Replies to post #619661 on Fannie Mae-No Politics (FNMA)

[kthomp19]

Washington Federal is NOT gone!

Correct. The plaintiffs retain the right to appeal. Having their case dismissed is a pretty big blow, though.

It's simply been consolidated into Collins.

Incorrect. The two cases that got consolidated in the Supreme Court were Collins v Mnuchin (challenging the Fifth Circuit en banc panel's refusal to grant backward relief, i.e. unwind the NWS) and Mnuchin v Collins (challenging the finding that the NWS was ultra vires and allowing the plaintiffs' APA claims to move forward).



Also, your statement of:

Calls into question the circumstances surrounding HERA appointed conservator (FHFA) at the time F&F were placed in conservatorship. A closer look at accounting records and justification for 'bailout'?

shows that you have also misunderstood what "The court also agreed to weigh in on issues relating to the statute under which the FHFA became the conservator." means. It does NOT mean that the Supreme Court is going to review the conservatorships, because the Collins plaintiffs don't challenge those.

All that sentence is is a summary. Note that statement says the Supreme Court is going to look at the statute (HERA), not necessarily the conservatorships.