Yes, but the government has confiscated many more billions since 2014 in news and it's confiscated fines of about 20 billion that should have been paid as restitution to fnma and Freddie shareholders because banks lied about the quality of toxic loans sold to the gse's. If you add this back, along with the past 2 years income confiscated, you can come close to 200 billion
Correct. All the other income statement categories and figures for the missing years must be added and subtracted as needed as well using 10-Ks and 10-Qs for the additional years that are missing.
Here are the additional amounts mentioned. However, please note that all settlements amounts were accounted for as part of GSE income - Fee and other income - and do not need to be included in the net sweep monies since these amounts were part of the overall calculation of net income that was swept by the Treasury.
Dividends on Enterprise Draws from Treasury in Billions - FY 2014-2016
Fannie Mae
Quarter Dividends Date Paid
2014 Q1 7.192 3/31/2014
2014 Q2 5.692 6/30/2014
2014 Q3 3.712 9/30/2014
2014 Q4 3.999 12/31/2014
2015 Q1 1.920 3/31/2015
2015 Q2 1.796 6/30/2015
2015 Q3 4.359 9/30/2015
2015 Q4 2.202 12/31/2015
2016 Q1 2.859 3/31/2016
2016 Q2 0.919 6/30/2016
2016 Q3 2.869 9/30/2016
2016 Q4 2.976 12/30/2016
Freddie Mac
Quarter Dividends Date Paid
2014 Q1 10.435 3/31/2014
2014 Q2 4.499 6/30/2014
2014 Q3 1.890 9/30/2014
2014 Q4 2.786 12/31/2014
2015 Q1 0.851 3/31/2015
2015 Q2 0.746 6/30/2015
2015 Q3 3.913 9/30/2015
2015 Q4 0.000 N/A
2016 Q1 1.740 3/31/2016
2016 Q2 0.000 N/A
2016 Q3 0.933 9/30/2016
2016 Q4 2.310 12/30/2016
A. PLS Litigation Settlements
1. General Electric Company $6.25 million
2. CitiGroup Inc. $250 million
3. UBS Americas, Inc. (Union Bank of Switzerland) $885 million
4. J.P. Morgan Chase & Co. $4 billion
5. Deutsche Bank AG $1.925 billion
6. Ally Financial, Inc. $475 million
7. Morgan Stanley $1.25 billion
8. SG Americas (Societe Generale) $122 million
9. Credit Suisse Holdings (USA) Inc. $885 million
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10. Bank of America Corp.
11. Merrill Lynch & Co. $5.83 billion
12. Countrywide Financial Corporation
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13. Barclays Bank PLC $280 million
14. First Horizon National Corp. $110 million
15. RBS Securities, Inc. (in Ally action) $99.5 million
16. Goldman Sachs & Co. $1.2 billion
17. HSBC North America Holdings, Inc. $550 million
(Hong Kong Shanghai Banking Corp.)
B. Non-Litigation PLS Settlements
Wells Fargo Bank, N.A. $335.23 million
C. Remaining PLS Cases
Southern District of New York Cases:
Nomura Holding America, Inc. - Case litigated in spring 2015, FHFA prevailed,
now on appeal to United States Court of Appeals for the Second Circuit.
District of Connecticut Case:
The Royal Bank of Scotland Group, PLC
Source:
Dividends on Enterprise Draws from Treasury in $ billions
https://www.fhfa.gov/DataTools/Downloads/Documents/Market-Data/Table_2.pdf
FHFA's Update on Private Label Securities Actions
https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFAs-Update-on-Private-Label-Securities-Actions.aspx
