You may find the following most enlightening. Conservatorship in this instance needs no court action, it is a regulatory activity authorized by law for the regulator of these secondary mortgage market-makers, and the conservatorship is an effort to keep the regulated corporations solvent, with a net worth greater than zero. You'll note the journal source, the Washington Post, says that nationalization is a future issue, but not the current instance, and as such, is not a current status of the
government sponsored entities in question.
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Yellowdesk (
talk)
16:57, 14 September 2008 (UTC)
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The Old Jacobite
The '45
17:49, 8 February 2017 (UTC)