Replies to post #670506 on Fannie Mae-No Politics (FNMA)

[Guido2]

That's a fight for another day. For now, it's strictly Collins v Yellen and Yellen v Collins.

[RumplePigSkin]

Meanwhile, back in Jan, or the hall of justice ...
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They can send the amendment to scotus to notify them of the update. It basically shows Scotus there is no end in sight even if the NWS is technically ended. IMO it takes a potential remedy out of play showing how just the end of the NWS per the 5th circuit does nothing to provide remedy to Collins.

It shows how prospective relief means nothing as the liquidation pref can (and has been) increased dollar for dollar of retained earnings and the 10% dividend payment can be reinstated Even with the NWS being canceled. It shows the neverending conservatorship due to the gov terms basically preventing any repayment of a loan.

Scotus will be forced to act, or swallow the bitter pill of allowing a de facto nationalization in the United States of America.
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