Does any one has link to plaintiff's plan of allocation?
Please post the link.

"The judges, whether R or D don't just predetermine which lawsuit it will side with the government on."

How do you know? Then why there are ugly hearings on party lines?

"After months of hype the "Bring it Jury Trial" is a big nothing burger."

May be you know more about how much the system is rotten than the people who believed in justice system.

"arbitrary and unreasonable."

Are not juries supposed to use the commonly accepted meaning of these words?

Was not this, one of the main thing that Plaintiffs established in their presentations and defendants tried to refute?

Thanks for the update.
Please continue to post the updates.

"Wasn't the sweep sanctioned by SCOTUS which is partly why all the takings have been thrown out?"

It does not mean that it is for free. Gov needs compensate property owners and pay damages if required.

"Wrong. It absolutely was a dividend."

Agreements are not laws even when between Gov agencies and can not violate relevant laws. If agreement enables theft of private property, then is it valid?

In congress this was discussed and agreed that the agreement trumped the laws.

Court and Jury have to evaluate whether NWS has legal validity.
Worldwide Corporate laws, clearly prohibit such siphoning off shareholder's corporate assets.

Not sure why international shareholders have not filled cases against FnF and FHFA in their countries.

"an illegal dividend -- that is the proof intended I assume"

Donotunderstand,

Simple Story that Plaintiffs have to tell court/jury:

FnF are 100% owned by the private shareholders. FnF were successful companies with adequate capital and positive cash flows to meet all their obligations. FnF were not involved in any kind of fraudulent activities unlike most other competitors.

POTUS, Tsy Officials , Fed Reserve, lawmakers, FHFA , all from Gov, actively worked together (Truckloads of evidence is available) to impair FnF with Gov conservatorship. FnF's unimpaired assets were written-off and unsolicited mafia style bailout was imposed with false promises to shareholders. When this did not impair FnF, another mafia style NWS was imposed to bankrupt FnF and keep it in limbo conservatorship for ever.

This was was all done with accountability to none and with no checks and balances.

Looking back, financial records clearly show that FnF never needed Gov conservatorship and Gov bailout. But after 15 years FnF are still under conservatorship and 100s of billions of dollars have been siphoned off without paying any off the company's bailout obligations.

If any private parties were to do the same financial crimes then they would have been facing serious consequences.

This should convince any one.

"Just because the government has received more in dividends than their preferreds cost, that doesn't mean the preferreds are "paid off"."

Net worth sweep was not dividend. NWS is illegal or fraud for private shareholder companies.

The trial should be shown live on TV so that citizens can see how their Gov works for them

"But your suggestion - hand over to TBTF banks -- sure sounds like Paulson !!!!"

Definitely their business. It makes no difference.

"Hand what over? There is no way the FHFA would cede it's wards to the banks. In any case Treasury would have to agree."

FHFA was created to be a proxy puppet. It was Wall street Secretaries that were pulling the strings.

"Supreme is partly responsible for creating this mess"

Are not plaintiffs partly responsible for not filing proper cases against Gov? Plaintiffs are scared to file fraud case against Gov.

"Ano - TWEET on SCOTUS Filing of Cases"

Clearly this is the case of bureaucratic fraud against private shareholders and FnF. Not sure why plaintiffs have not filed case of bureaucratic fraud against private shareholders.

"The secret plan, the plan to nationalize the GSEs under guise of conservatorship has been in motion since 2008."

Based on what thugcrats did to FnF with conservatorsip, there is no hint that they wanted to nationalize FnF. All they did was to impair FnF in every possible way so that it will go into bankruptcy and then hand over it wall street sharks. When their evil plans did not work and started becoming public, they simply continued with conservatorship.

Thanks, Just reading the posts.

"These PSPA changes, coupled with robust comprehensive income,have significantly boosted net worth for both Enterprises,
although there is still a long way to go to meet regulatory capital requirements."

If the foxes guarding the hen house, had not robbed the FnF , then FnF would not have been in such a condition.

"already Did much more than that as well as a Ton of Senators"

Thanks

Only in the books of criminals, robbery is rule of law.

It looked funny when recently Justice Breyer waved constitution with a smirk as if judges use it solely to decide the cases.

The current constitution is just like a holy book, that has lost its meaning with millions of case laws totally obscuring its real meaning. The judges use these contradictory case laws to manipulate the justice they deliver.

If common people are asked to decide the cases based solely on the reading of Constitution, then they will overrule every decision of SCOTUS.

"They are doing that with ginnie and va as well."

GNMA and VA are different. They do not issue MBS but just provide guarantees to banks.

Besides GNMA and VA are Gov agencies.

"The dividend payment will be same for GSE but capitalization will increase from 33B to 66B."

LOL, It will increase the liability and the capital requirements will go up by that amount.

"Every time Thompson opens her mouth, she exposes her lack of GSE knowledge."

DCBill,

Is it legal or constitutional to ignore congressional laws and constitution and say "We defer to Congress"?

Is it legal for executive agencies to ask congress to make executive decisions under constitutional separation of powers principle and ignore constitutional and congressionally mandated duties?

Where is the end to this lawlessness?

Some one needs to ask SCOTUS to rule on these questions?

"She is a can kicker."

Basically the parasites.

"We defer to Congress".

This statement alone should make any one ineligible to hold any Gov office and should be denied confirmation.

Please try to communicate this to your lawmakers/senators.

""We defer to Congress" on any exit from conservatorship, Sandra Thompson said in an answer to a senator's question during her confirmation hearing to be head of the Federal Housing Finance Agency. There would be a number of steps to complete before Fannie and Freddie could leave government control."

Is this not against the law? This is clear violation of law and should be an impeachable offense.

Can WH, executive branch agencies, independent agencies or judicial branch tell congress that "We defer to Congress" and take no action based on existing laws whenever they do not want to act on matters that they do not agree with it.

FHFA Director is required to comply with all laws that currently exist and not wait for Congress to pass a different law.

Plaintiffs' attorneys have enough evidence to request the court to make the FHFA to comply with existing laws.

Oath of office precludes any purpose of evasion as in this case.


Oath of Office
I do solemnly swear (or affirm) that I will support and defend the Constitution of the United States against all enemies, foreign and domestic; that I will bear true faith and allegiance to the same; that I take this obligation freely, without any mental reservation or purpose of evasion; and that I will well and faithfully discharge the duties of the office on which I am about to enter: So help me God.

"How come no one has sued Hank Paulson over F&F? if he is stupid enough to admit he did something illegal in a memoir he will be an easy target.
"

The smartest thing to do was to file a criminal complaint against FHFA conservator because FHFA was claiming that FHFA conservator was a private actor.

"Therefore, the only way for the government to still make money out of its "investment" is recap/release and, if necessary, exercise the warrants and/or convert the SPS in whole or in part into common shares.
"

Why would Gov care about making money by robbing FnF and not sure about what will happen in the courts? Gov can legally create money in billions with just few keyboard clicks?

The main reason for revolving door bureaucrats to rob FnF was to impair FnF and destroy them for the benefit of their cronies.

"Calabri is such a waste..."

The fellow made fool of himself with his loose talking.

Calabri flushed down his career for nothing. Real stupidity.

"Bryndon Fisher comments to Calabria's TWEET ..."

Everyone including FHFA, FHFA directors, UST secretaries and POTUS-Trump have said that it was not lawful but the Judges are saying that it was lawful.

Who are real criminals here?

"the one I argue for"

Donotunderstand,

If FHFA wants to use Constitutional rule of law then there are many simple solutions available.

If FHFA wants to continue to use mafia interpretation of HERA then there are not any options except go alone with no new private capital. May be FHFA can invite Chinese communist party advisers to help it or invite comrade Hank.

"So what exactly has your lawyers said that makes the warrants free from lawsuits???"

Besides legal challenges question, there is no realistic feasibility of Gov making big money on warrants with any possible scenarios.

"If USG exercises the warrants many more lawsuits will follow."

Getting $100B to $150B for 80% SPSPA warrants may be good for all. It also means that victimized common shareholders will also get atleast $12 to $18 per share.

But the very simple question would be which naïve or foolish investors will invest $100B to $150B in companies that have been under tyrannical and dictatorial FHFA regulator and FHFA black box Conservatorship. BTW Gov will never allow any private entities to control FnF and there is always the risk of another Conservatorship swindling at any time in the future.

Various investment rules and regulations prevent Institutional investors from investing in such companies. Just before Gov Conservatorship, institutional investors invested $20B in JPS based on official assurances but without knowing that the same officials were conspiring to undermine the same investors.

Best option for Gov is to be satisfied with reasonable ROI and get out of the unlawful mess the feckless politicians and bureaucrats have created with conservatorship.

Not sure why any honest and patriotic official wants to continue to showcase such a shameful political and bureaucratic abuse in the US history. The quicker this gets resolved it is better for all.

Recently Judge Lamberth ruled that FHFA (any Gov actor) can not make arbitrary rules even though authorized by law to make rules.

BTW it is FHFA regulator that is making the rule and not the FHFA conservator.

Is it legal or do any laws authorize FHFA to regulate FnF (non-banking institutions) as banking institutions with bank like capital requirements? Can such arbitrary capital rules be challenged in courts?

Should not plaintiffs add this legal challenge to current law suits? This is the foundational question to challenge bureaucratic tyranny (that led to imposition for perpetual conservatorship, tyrannical SPSPS agreement and NWS).

Any legal analysis or views on this.

"look at the supposed smart supreme court ninnies.... they swung and fouled it off... they barely understood what was going on... ask them and they are probably babbling idiots. keep it simple...."


Yes, Attorneys need to tell the simple story of bureaucratic lies, robbery and abuse that common people will understand.

So far Attorneys have always made this case too complicated for even judges to understand. Look at the introductory garbage the judges brazenly use in their ruling.

"Did their comments from last time mean anything?"

These comments do matter. FHFA can not make decision just ignoring all legal as well valid concerns. Probably FHFA attorneys will go over these comments and make sure that FHFA decisions do not violate laws (even with contorted interpretations).

"Navy posted it up above ^"

Thanks.

"WE NOW KNOW EXACTLY WHAT THE POTUS WANTED AND NO NEED FOR THE COURT TO GUESS!"

Sure!, But the plaintiff have to tell that to courts.

"Captain Obvious: Why didn't Trump write letter sooner?
It was a GREAT letter...BUT...
??????????????????????? HE HAD PLENTY OF TIME!!
He should have written this letter sooner... Hoping this holds up!
F and F LONG AND STRONG!!!"


Is it not typical Monday morning quarterbacking?

If all start doing right things at right time, then there will never be any problems in the whole world. If DJT had the current insight then whole lot of things would have been different.

"DJT: "The idea that the government can steal money from its citizens is socialism and is a travesty brought to you by the Obama/Biden administration. My administration was denied the time needed to fix this problem because of the unconstitutional restriction on firing Mel Watt. It has to come to an end and courts must protect our citizens.""

It can not be any more official than this that Gov stole the money from FnF and citizens. Court should recognize that FHFA officials violated US laws and order criminal investigations against them.

Judiciary should take notice of this statement from previous POTUS and issue a ruling ordering:

1. FHFA to end the conservatorship.

2. FHFA to reverse all unreasonable conservatorship decisions and compensate FnF for the harm done by its malicious decisions.

3. Gov to return all the money unreasonably stolen from FnF that is in excess of reasonable rate of return.

4. Issue reasonable protective restraints to prevent FHFA/Gov from abusing Gov authority in imposing conservatorship and robbing FnF.