they are indirectly hinting at gse conservatorship . gse plaintiff should file a brief that any ruling must apply to gse and all previous actions too. this is not banana land.
TABLE OF CONTENTS Page TABLE OF AUTHORITIES ..................................... ii INTEREST OF AMICI CURIAE.............................. 1 INTRODUCTION AND SUMMARY OF ARGUMENT....................................................... 2 ARGUMENT ............................................................. 5 I. Ruling In A Manner That Calls Into Question All Of The CFPB’s Rules Could Destabilize The Mortgage Market..................... 5 II. If Ruling For Respondents, The Court Should Take Steps To Limit The Scope And The Adverse Consequences Of Such A Ruling................................................................ 16 A. This Court should sever the offending provisions from the funding statute........... 16 B. This Court also should grant de facto validity to the CFPB’s past actions not challenged here. .......................................... 19 CONCLUSION........................................................ 23