American Banker, December 22, 2011 by Kate Berry and Jeff Horwitz
http://www.americanbanker.com/issues/176_247/preemption-fannie-freddie-fhfa-
kamala-harris-1045105-1.html (registration required)
Smith notes that the Housing Economic Recovery Act, which placed the GSEs in conservatorship, only said that states would have no authority over the FHFA – not the GSEs. “If you look at the language, the FHFA’s position that states don’t have any authority over Fannie Mae and Freddie Mac is a bit of a jump,” he says.