It is becoming increasingly clear that the United States may have overstepped its legal rights in the handling of the Fannie Mae / Federal National Mortgage Association (OTCBB:FNMA) and Freddie Mac / Federal Home Loan Mortgage Corp (OTCBB:FMCC) conservatorship. While I have no legal background I strongly believe that the government will lose its case against the numbers of companies now suing it relative to its expropriation of the profits of Fannie Mae (and Freddie Mac).
Fannie Mae, Freddie Mac: Government Will Lose Case, Thinks Bove
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