Fannie Mae-No Politics (FNMA)

[Wise Man]

No one should have the perception that will ever get $1 out of FnF while they remain undercapitalized.
The plotters hit the same wall over and over again.
10 years in Court have been spent covering up the Restriction on Capital Distributions in the FHEFSSA (Dividends, today's gifted SPS, stock buybacks,... A dividend is a distribution of Earnings, if you aren't aware of) and then, they request a compensation for damages defrayed by FnF, which was considered a capital distribution by the FHFA in a Final Rule of July 20, 2011, when it amended its definition (number 3), with an express grant of authority to do it in the law (number 3), making clear in the preface of the rule that it's forbidden in the FHEFSSA's Restriction on Capital Distributions (here), although in the rule it made up a version of it CFR 1237.13 to add "except to the extent the Director determines is in the interest of Conservatorship". Yeah, right. If it's restricted upon undercapitalized, it's restricted.
These people don't understand the dynamics of the endgame: build capital for the soundness of a financial company: "Capital distribution restricted to build capital, as Retained Earnings is Core Capital". Capital is what absorbs future (unexpected) losses, but not any capital, as capital stock doesn't absorb losses, only Retained Earnings and Additional Paid-In Capital. Capital stock just offsets a negative Retained Earnings account so that the Net Worth remains positive, avoiding bankruptcy. Like the SPS in FnF offseting the $-216B Retained Earnings currently in their Balance Sheets. So, FnF have to build capital, but Retained Earnings, not capital stock like the SPS or stock offerings, even handing SPS out to UST for free every quarter. These officials and the FnF management and BOD have never heard of accountability.

This is HERA amending the FHEFSSA, for anyone that understands what prompt, corrective and action mean:





Again, only the pro se plaintiff is waiting on Lamberth. Right, Mr. Pro Se? Just tell this to your other 20 ID's, so I don't have to reply to each of you.

Nobody except FNMA preferred is waiting on Lamberth