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home / news releases / FNMFO - APA Vs. Takings: SCOTUS Says FHFA Can Take

FNMFO - APA Vs. Takings: SCOTUS Says FHFA Can Take

Fed Nat Mtg Assn Pfd
  • The Supreme Court ruled that FHFA can take or do whatever it wants to do based on its interpretation of the law.
  • The APA claims are dismissed, which means that this is primarily a takings case which belongs in the Court of Federal Claims.
  • There is a lawsuit for that, there is a lawsuit for breach of contract, and shareholders won constitutional claims at SCOTUS.

For further details see:

APA Vs. Takings: SCOTUS Says FHFA Can Take
Stock Information
Company Name: Fed Nat Mtg Assn Pfd
Stock Symbol: FNMFO
Market: OTC
Website: fanniemae.com
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