In a reversal from its previous stance under former acting director Joseph Otting, the Federal Housing Finance Agency (FHFA) recently decided to defend the validity of the agency’s single-director structure against a lawsuit challenging its constitutionality in the Fifth Circuit Court of Appeals.
The change in position comes six months after FHFA filed a supplemental brief under Otting saying the agency would not defend the question over its constitutionality.
Find out more details about the ongoing matter.