Replies to post #770958 on Fannie Mae-No Politics (FNMA)

[Fannie Heyyyyy]

One problemo Cam-a-ro....Lamberth isn't going to rule with the jury. Sorry bro.

[HappyAlways]

I like it, null and void.

[Rodney5]

camaro4me, The key part is "Purchaser may, in its sole discretion". The Purchaser here is Treasury. It's safe to say that Treasury will never voluntarily choose to do that.

Fact of the matter the Treasury had the clause written in the contract. With this clause the Treasury can limit the amount of damages “In the event that any provision of this Agreement, the Senior Preferred Stock or the Warrant is determined to be illegal or unenforceable,”

The SPSPA is an illegal contract. The Charter Act passed by Congress is the law. The Plaintiffs will never win fighting the FHFA/Treasury on the wording written in the contract. These experts should focus on the numerous violations the FHFA/Treasury have committed against the law.