Replies to post #743792 on Fannie Mae (FNMA)

[FNMAstalker]

??

[FNMAstalker]

Awesome!!! Justice is coming. Let’s go SCOTUS, Let’s go SCOTUS!

[HappyAlways]

SCOTUS made a serious mistake. They singled out one sentence “in the best interests of the regulated entity or the Agency." And self-interpret that "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.” The self-added "by extension, the public it serves" is clearly not in the contract. The only public interest for FHFA as a conservator is to rehabilitate the regulated entity.

So, who is to ensure that FHFA represents public interest ? And specifically, how ?

What a joke !

[Donotunderstand]

And is the answer COURTS

I have said the best and only really correct answer - where LANGUAGE and INTENT of a law is in question is for CONGRESS to clarify

My problem is also with congress ---- for leaving too much for SCOTUS (non elected) to decide that is not a constitutional question (like privacy)