Leon County v. FEDERAL HOUSING FINANCE AGENCY

ORDER OF DISMISSAL

ROBERT L. HINKLE, District Judge.

This case presents a challenge to action of the Federal Housing Finance Agency. The Agency has duties both as a regulator and as a conservator of other entities. A court may enjoin unlawful acts undertaken by the Agency as a regulator. But a court may not “take any action to restrain or affect the exercise of powers or functions of the Agency as a conservator.” 12 U.S.C. § 4617(f). The issue now pending is whether the Agency took the challenged action in its capacity as a conservator. The answer is yes. This order grants the defendants’…