Patrick Collins v. Steven Mnuchin, Secretar
Court of Appeals for the Fifth Circuit
1Opinion of the Court
PER CURIAM: 1
A decade ago, the United States was engulfed in perhaps the worst financial crisis since the Great Depression. Toxic mortgage debt had poisoned the global financial system. Hoping to reverse a national housing-market meltdown, Congress passed the Housing and Economic Recovery Act of 2008 ("HERA"), Pub. L. No. 110-289, 122 Stat. 2654 (codified in various sections of 12 U.S.C.). Among other things, HERA created a new independent federal entity-the Federal Housing Finance Agency ("FHFA")-to oversee two of the nation's largest financial companies, government-chartered mainstays of…
Also in this document: Dissent · Stewart; Dissent · Willett.
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