I think UST received a couple of bucks under HERA, so they might be affected (LOL) ... but seriously, I have no idea if any contract executed with the gse's could be challenged ... but in either case, I think voiding HERA would be a colossal win for shareholders and property rights ... at a minimum, I would be satisfied if the NWS is voided ... and the anti-injunction clause (if that is even possible)
Rob - bingo - all the more reason to settle everything reasonably, including the cap rule. This original cap rule is a face saving effort by Calabria so he doesn't go down in history as allowing a second housing crisis/recession.