Replies to post #777820 on Fannie Mae-No Politics (FNMA)

[Robert from yahoo bd]

while the defendants' lawyers were billing hourly.

I'm just guessing, but since Arnold & Porter are representing the FHFA here and the HERA (possibly unconstitutionally) requires the regulated entities to annually fund the FHFA, that the FHFA ends up extracting the legal fees and costs from the balance sheets of the GSES.