Fannie Mae (FNMA)

[Mikey Mike]

Nothing has changed the potentiality of various outcomes.

Everything is changing right before our eyes...the president, a new bill, talks of recapitalizing, FHFA much like CFPB being illegally structured, new US Treasurer, etc... The following charts are a comparison to show similarities and differences in structure between CFPB and FHFA...




If the government continues to siphon the profits which causes the GSE's to either continue to draw upon the treasury or causes the GSE's to go into receivership, you don't think any responsibility will be in the hands of the government? How about shareholder rights during receivership...what other lawsuits will arise for the government causing the receivership?

Collateral was given to the government in the form of shares including the right to convert to commons in return for a line of credit...how can credit be taken back without return of the right to purchase or convert shares or the right to sell current shares in hand? Lew has already stated that the tax payers were paid back in his testimony to Congress...

Mandatory receivership by default due to confiscation of 100% profit will be a hard sell by the government to say in court...