Replies to post #691600 on Fannie Mae-No Politics (FNMA)

[955]

HERA was patterned after FDIC regulations. HERA started with FDIC regulatory template.

Reflecting the approach in HERA, the rule parallels many of the provisions in the Federal Deposit Insurance Corporation (FDIC) receivership and conservatorship regulations.

https://www.federalregister.gov/documents/2011/06/20/2011-15098/conservatorship-and-receivership

[955]

Another solvent institution subjected to hostile takeover. Balance sheets prove it.

[bcde]

"I don’t know that HERA is “banking law”. HERA covers Government Sponsored Entities, which is a term defined very specifically. At this time the GSEs under HERA are the Federal Home Loan Banks (FHLBs), FNMA and FHLMC."

FDIC laws are applied only to FDIC and Banks. HERA is copy of FDIC laws. There are so many articles about this. Plaintiffs, defendants and Judges have discussed this aspect. Please read DC appeal court's Perry ruling.

The most contentious NWS challenge is based on incidental powers of Conservators that is copied from FDIC laws.