Replies to post #714041 on Fannie Mae-No Politics (FNMA)

[kthomp19]

WRONG!

Nope, yet again it's you that is wrong. Strike seventeen.

The public it serves is limited to Fannie Mae, Freddie Mac and the Federal Home Loan Banks.

Stop spreading false information. This is utterly wrong.

Your own link says that FHFA supervises, regulates, and oversees FnF and the FHLBs. Nothing about serving them.

Your argument fails logically anyway. Page 2 of the Supreme Court's Collins opinion says (emphasis added):

The Recovery Act grants the FHFA expansive authority in its role as a conservator and permits the Agency to act in what it deter-mines is “in the best interests of the regulated entity or the Agency.” §4617(b)(2)(J)(ii) (emphasis added). So when the FHFA acts as a conservator, it may aim to rehabilitate the regulated entity in a way that, while not in the best interests of the regulated entity, is beneficial to the Agency and, by extension, the public it serves .

They said the NWS is not necessarily good for FnF but is good for the public. Thus "the public it serves" does not mean FnF.

[stockanalyze]

why the takings did not take place if it took the money for public it serves?