The Los Angeles Times recently reported that California Attorney General Kamala D. Harris is suing Fannie Mae and Freddie Mac to force the mortgage companies to answer questions about their role in California’s housing meltdown. The Los Angeles Times writes that, “the housing finance agency, through outside counsel, argued that the questions posed by California are ‘frequently vague and ambiguous and appear to seek a voluminous amount of information.'” Professor Kurt Eggert disagreed with the federal agency, saying, “‘The state of California can’t tell the feds what to do, but they are not trying to tell the feds what to do; they are trying to tell Fannie and Freddie what to do. It’s a novel question, of what the states can do, and will revolve on a very close reading of law that was passed when they weren’t really thinking about this issue.” Read more.