Fannie Mae (FNMA)

[Wise Man]

6-box CHECKLIST template to assess Punitive Damages against the plotters peddling the government theft story in formal documents: court briefs in frivolous litigation, amicus briefs, letters, GSE slides, articles, books, financial analyses and even personal blogs, because the blogger can delete comments from other shareholders.
The reason why the stocks trade at rock bottom prices: it translates into $0 EPS every quarter, $402B capital shortfall over minimum Leverage capital requirement as of end of 2023 and the Warrant and $310B SPS LP still outstanding.

A formal document has a far-reaching influence, than an opinion on social media "free speech", despite that many social media influencers might face charges as well, when it's obvious that it isn't just a simple opinion, but they are the necessary accessories of the main plotters, for the felony they are accused of: stock price manipulation (Abuse of court process is added to those that have utilized the court for their investment case: called "the Trump trade" nowadays).

The total Punitive Damages respectfully requested, is $4.8B. The same amount as their necessary counterparty in the Govt theft story, the DOJ: "Yes, we stole it all!".

The 6-box checklist has been divided into 3 groups:

COVERUP OF STATUTORY PROVISIONS AND REGULATION
🔲1- Restriction on Capital Distributions (U.S. Code §4614(e) and CFR 1237.12) and its exceptions: for the reduction of SPS and for the Recapitalization.
🔲2- The FHFA-C's Rehab power, expressly stating that it means to build regulatory capital. It doesn't count if you claim it in court, but then, you take it back in an amended complaint (Gary Hindes)
🔲3- UST financing of their operations as a last resort at a rate similar to Treasuries, on any obligations, including the SPS.
🔲4- Fee Limitation of the United States, as part of the Charter Dynamics as well.

LIES
🔲5- Howard in his SCOTUS-amicus brief: "the SPS are non-repayable securities", repeated a dozen times and not written anywhere. The law expressly states that they can be reduced while they remain undercapitalzed, in the box 1.

FINANCIAL CONCEPTS
🔲6- Dividends, a distribution of earnings. Thus, unavailable earnings for distribution, out of an Accumulated Deficit Retained Earnings account.

These are the basic points, but the list can go on:
- For not challenging the security Warrant with the Authority of Treasury to Purchase Securities, to (iii) protect the taxpayer (collateral).

- Credit Risk Transfers (CRT) barred in the clause Credit Enhancement of the Charter Act. For instance, Howard insists that they don't make economic sense instead, which is trumped by the FHFA-C's Incidental Power. So, it's clear his intention to mislead the retail investor in their claim (a $19B refund in CRT expenses, net, has been requested).

- Concealing the Financial Statement fraud in FnF with the SPS LP increased for free and its offset, absent from the Balance Sheet since December 2017. We even have the case of the attorney for Berkowitz, David Thompson, that uses this fraud for his claim of constitutional damages in the Bhatti and Collins cases, because the "for cause" removal restriction prevented his wonderland scenario of the UST getting rich with gifted SPS and, at the same time, FnF are recapitalized, from happening sooner. This is false, as FnF aren't being recapitalized once the SPS LP increased for free shows up on the balance sheet.

Playing the fool isn't an option but an aggravating circumstance when assessing Punitive Damages. Attorney David Thompson: "I'm not a securities lawyer".