Mealey's (July 18, 2018, 1:58 PM EDT) -- NEW ORLEANS — Although the Federal Housing Finance Agency (FHFA) acted within its statutory authority when it adopted a net worth sweep as conservator of the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corp. (Freddie Mac), the FHFA itself is unconstitutionally structured and violates the separation of powers provision of the U.S. Constitution, a Fifth Circuit U.S. Court of Appeals panel ruled July 16 (Patrick J. Collins, et al. v. Steven T. Mnuchin, et al., No. 17-20364, 5th Cir., 2018 U.S. App. LEXIS 19510)....