Replies to post #43629 on Freddie Mac-No Politics (FMCC)

[amelia43]

I read your post on FNMA board regarding coming to FNCC board for better discussions. So here I am reading posts here.

I followed this chain of post. Seems like posts in this chain are from December and lots have happened since then. What is left for us?

[Robert from yahoo bd]

In Collins, it seems like the trial Judge will have quite a bit of latitude for damages IF they deem it appropriate. Any idea which Judge in the 5th Circuit will oversee the trial? Aren't 2 other separate federal circuits deciding the same issue as Collins and damages if any?

I'm sure the losing party will appeal.

If 2 or more federal circuits are split on the final outcomes, wouldn't the SCOTUS have more motivation to grant certiorari?

With the remaining major litigation still out there, this could take some time...

Lawyers are business people too, David Thompson may need to add a convertible Porsche for his Summertime driving pleasure ?? !

If we eventually turn up snake eyes rolling the litigation dice, I still think it might be worthwhile to challenge HERA as unconstitutional under the Void for Vagueness legal doctrine, but I haven't spent much time on it as the pending litigation has more time to run.

In the meantime, GSE "retained earnings" are building up at approximately $6B to $10B per quarter.