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There isn't a 1.5% Capital requirement.
@navycmdr has began a desinformation campaign with the post I'm replying to.
The Minimum Capital requirement or leverage ratio is still 2.5%.
What has changed is the buffers but, because there is buffers also for the Risk-Based Capital requirement, the buffers conicide with the prior formula. Around $128 billion.
We ALREADY have a Final Capital Rule, effective February 16, 2021.
Today, it's been an amendment of the Final Rule that hasn't even been published in the Federal Register. Then, it becomes effective 60 days later.
DAY OF RECKONING APPROACHES:THIS IS A 3-BOX CHECKLIST.
The lawsuits are doomed during a Conservatorship. But this ends upon release from Conservatorship, when the Conservator will be held accountable.
1st. Have all the statutory provisions been upheld? Both in the FHEFSSA and the Charter Act. Only if the secret plan is unveiled.
2nd. There is 5 securities fraud violations:
-Stock price manipulation;
-SPS are always issued, not increased;
-Financial statement fraud with the SPS missing on the balance sheet;
-Accounting fraud with the charge of the SPS increased for free ---The CRT expenses is a fraud that aims to misrepresent their financial condition.
3rd. There's been a crime of conspire to defraud the United States, as "defraud" in the law includes its programs and policies, like a congressional charter. The $407 billion Capital deficit over estimated Total Capital requirement as of end of December, 2021, is the evidence.
LAWSUITS DOOMED DURING CONSRVTRSHP
— Conservatives against Trump (@CarlosVignote) February 25, 2022
Upon release,day of reckoning.
1-Statutory provision breaches? No w/ Secret Plan.@FHFA-C's Inc Power:"authorized by this section,in its best interests"
2-5 Securities Fraud violations
3-Crime:conspire to defraud🇺🇸(FnF)#Fanniegate @TheJusticeDept https://t.co/s0PKkHINzq pic.twitter.com/jwTlrlFxwg
***BOMBSHELL*** THE CLASS ACTION MIGHT HAVE BEEN DEFUSED.
The plaintiffs failed to comply with the Court order.
This is a fact. Explained here.
The stock valuation isn't about what you hear.
If you talk about it, please give us some numbers. What assumptions have you taken and what is the statutory provision that backs it up. What PER. Etc.
My estimation of fair value at PER 13 times, is:
FMCC = $308ps
FNMA = $242ps
Based on the Secret Plan theory.
There won't be more litigation news. It's over.
Now, only the Secret Plan theory is left.
The scam artists with the Govt theft story have been exposed.
The Pagliara gang (plaintiffs, Howard, Rosner, Bradford, Guido, etc)
THE MAFIA CALLS THE BROOKINGS GATHERING SPEAKERS "REFORMERS".
They want to give them some role in the future of Housing Finance, when the Conservatorships of FnF have nothing to do with a Housing Finance System revamp.
They use the prospects of Housing Finance System revamp (use FnF for underserved populations, FHA-style) as alibi to justify the illegal taking of a 79.9% Common Stock ownership interest by the UST.
They are outright thieves.
We all know the names of those behind all the conspiracies.
Read #Fanniegate for daily in-depth analysis.
If you didn't notice, the Secret Plan theory is now the only option available once the Court cases are done. You can learn about it in the #Fanniegate hashtag.
***BREAKING*** Our negotiator in the #Fanniegate hashtag puts forward the "public office" element as aggravating factor for sentencing purposes. This increases the chances of a favorable resolution according to law (the so called Secret Plan that relieves them from the current statutory provision breaches: $189 billion UST refund, which includes $6 billion in damages to FnF, less $13 billion in Corporate tax. The rest, a tax-exempt income; SPS and the warrant, cancelled) along with getting the full compensation for moral and punitive damages requested, that would also settle the pending allegations of 5 Securities Fraud violations and conspire to defraud the United States ("defraud" also includes its programs and policies, like a congressional charter). This compensation was increased today 3% as scheduled. Next increase: the first Monday after the Earnings reports.
Join the "Get a grip!" grassroots movement.
Otherwise we would be talking about life prison sentences, because to the breaches of statutory provisions(Restriction on Capital Distributions; Fee Limitation;@FHFA-C's Power and Inc Power; Credit Enhancements clause),we have the aggravating circumstance of being civil servants. pic.twitter.com/aVZWkrUFRa
— Conservatives against Trump (@CarlosVignote) February 22, 2022
Happy The DOJ's Reflection Day. A Public Holiday.
The U.S. Stock Markets are closed.
THE DOJ WORKS FOR THE MOB,MAKING THE CASE OF A MERGER FnF.
The Mafia hired DOJ and SEC attorneys to handle this dirty work.
.@TheJusticeDept WORKS FOR THE MOB,MAKING THE CASE OF A MERGER FnF
— Conservatives against Trump (@CarlosVignote) February 21, 2022
In 2011, $FMCC amended its bylaws to enable a takeover of $FNMA(required by Wall St in 2010👇and as contemplated in the 2011 bill HR1859)allowing unlimited issuance of common stock.
This is why FNMA....#Fanniegate https://t.co/ZNP7ui0pah pic.twitter.com/bgewjciBBE
HERA isn't the law in force. It's the 1992 FHEFSSA and the 1968 Charter Act, as amended by HERA.
HERA just amended some aspects in the laws in force. But others, not.
14 years have passed since HERA was enacted and you still don't understand it. If you really had read HERA, you only read: "Section xxxx of the FHEFSSA is amended by inserting....after....."; "strike..... and insert.... after subsection (d)". Etc.
You want to fool us, like Rosner, Pagliara, etc. in an attempt to conceal the FHEFSSA.
The 2.5% of Minimum Capital requirement that kthompt19 is talking about, is the amount of Core Capital over the on-balance sheet assets, that is, the Retained Porfolio or Investment Portfolio. For the MBS portfolio or Guarantee Portfolio, it's only 0.45%.
This STATUTORY Capital requirement is called........guess what, FHEFSSA's Min Capital requirement. Not HERA's!
Howard wrote an Amicus Curiae for the Supreme Court, stating a dozen times that the SPS are non-repayable securities, notwithstanding that the law states that the Capital distributions are restricted unless they are meant to reduce the SPS (exception B)
Now he claims that there is a option where the SPS are repaid with the NWS?
This man was allowed by the SEC and the FHFA to keep the $12 million in ill-gotten money when he was fired as CFO amid allegations of stealing money from the shareholders.
Just leave!
The stock market will be closed tomorrow in observance of The Department of Justice's Reflection Day, a public holiday. Therefore, the 3% increase in the compensation for moral and punitive damages sought, scheduled for Monday, is postponed to Tuesday. It will be appreciated if no one posts comments tomorrow, out of respect for the Department of Justice's Reflection Day.
*** CLASS ACTION, DEFUSED ***
Read my prior comment.
***BOMBSHELL*** THE CLASS ACTION MIGHT HAVE BEEN DEFUSED. The judge Lamberth's January 24th order required no later than 10 business days, the publication of the Summary Notice he approved, in investors. com and PR Newswire. I haven't seen such publication. It's important because in 3 months, the Plaintiffs' Counsel shall file with the Court proof of its publication. The #Fanniegate scandal will unravel fast.
***BOMBSHELL*** THE CLASS ACTION IN THE JUDGE LAMBERTH'S COURT, IS UNLAWFUL.
It's been promoted jointly by the Plaintiffs and the DOJ.
It meets the definition of Organized Crime: when different parties conspire to commit the same crime: rip off the shareholders (holders of common stock)
.@TheJusticeDept JOINS THE ORGANIZED CRIME: HEAVY DAMAGES
— Conservatives against Trump (@CarlosVignote) February 19, 2022
Federal Rule of Civil Procedure 23(c)(5)Subclasses, requires:"when appropriate,a class may be divided into subclasses that are each treated as a class under this rule."
It's been divided into 3 subclasses:
.
.
.#Fanniegate
The entire Net Worth is comprised for SPS. That is, a NWS 2.O.
This is due to the effect of the increase in the SPS for free every quarter, currently concealed with multiple Securities Fraud violations by the American Mafia.
Any security issued (or increased, which is illegal because the securities are issued, not increased. They are unique) for free, has to be debited from somewhere.
Only the low profile people think that the Net Worth being increased, belongs to the shareholders.
***BOMBSHELL***THE LAW REQUIRES THE FHFA TO HAVE AUTONOMY FROM FnF.
Section 1302 of the 1992 FHEFSSA.
Then, it doesn't authorize a 14-year Conservatorship, because the FHFA is now the Management and the BOD of FnF, thanks to the Succession provision.
This reinforces even more our petition of moral and punitive damages, worth $40 billion, plus $6 billion in damages to FnF.
THE LAW REQUIRES FHFA TO HAVE AUTONOMY FROM FnF
— Conservatives against Trump (@CarlosVignote) February 17, 2022
HERA struck mandatory release Undercap to enable a lengthy Consvtshp w/ lies,thanks to the FHFA-C's Inc Power "in its best interests".Barred when it requires autonomy.
FHFA's been 14yrs as Mgmnt/BOD (Succession provision)#Fanniegate https://t.co/9JfH8rCfff pic.twitter.com/piKlugp6VR
Glen Bradford belongs to the American Mafia. He is their tool that doesn't even write his own articles and books.
He will be prosecuted for belonging to the organized crime, once the dust settles.
THE FAIR VALUE OF FNMA RISES 20% IN THE 4Q TO $242
Assuming that there's been a secret plan of repayment of the SPS and recapitalization under the guise of dividend payments to UST. Very similar to the plan carried out by the FHFA with the FHLBanks in the repayment of their 1989 RefCORP obligation under the guise of interest payments. Who is the moron that says that there isn't secret plans with this crooked Agency and its partner in crime, the UST?
Net Revenues:+8% qoq
4Q annualized
PER 13x
JPS: 3.5% dividend included.
The fair value is also calculated removing from the Income Statement all the abnormal/illegal charges (10bp TCCA fees, CRT expenses/recoveries, SPS charge, Reserve for Future Losses, the Warrant) or windfalls ($840 million windfall with the partial release of the Reserve for Future Losses in the 4Q. $5.1 billion released in 2021)
More detail on #Fanniegate.
THE DE FACTO AND ONLY NEGOTIATOR SCHEDULES A COMPENSATION FOR MORAL AND PUNITIVE DAMAGES HIKE FOR NEXT MONDAY AT 00:00 ET.
VOLUNTARY COMPENSATION FOR MORAL/PUNITIVE DAMAGES RISES 3% THE 1ST MONDAY AFTER EARNINGS AT 00:00 ET
— Conservatives against Trump (@CarlosVignote) February 14, 2022
It also settles 5 Securities Fraud violations +allegation of conspiracy to defraud🇺🇸.The economic damage is redressed w/ the Secret Plan(UST refund,etc)#Fanniegate @TheJusticeDept https://t.co/cgJRFCrP5w
Yes, secretly. It's the only way to uphold all the statutory provisions: FHFA-C's Power: put FnF in a sound and solvent condition; Restriction on Capital Distributions with the exception B: to reduce the SPS; CFR1237.12 added the exception: for Recap.
A secret plan is authorized in the Law, in its Incidental Power: "actions authorized by this section, in its best interests."
We don't want more laymen here that haven't read the laws in force. Please, go away and watch the TV.
Good God!
The Final Capital rule is in force as of February 16, 2021 (effective date)
Thus, FnF are subject to the Capital requirements while building Capital secretly.
There is no refund to the noncumulative JPS in the case that the new threshold to resume the dividend payments, is lower.
Noncumulative, get it?
***BOOM*** $FMCC EXPLAINS WHAT LIES BEHIND THE WORD "MAY".
It's the heart of the matter, as the conspirators think that it's what makes the conservator have "absolute discretion" (plotter Bill Ackman) or that "it can do whatever it wants" (plotter Bradford)
Thanks to the Supreme Court that omitted "authorized by this section" in the FHFA-C's Incidental Power.
"May" appears in the FHFA-C's Power: "it may put FnF in sound and solvent condition."
Related to activities that reduce the profitability, not grab the profit once it's been generated.
Then syphon the Capital off to UST is UNAUTHORIZED by the FHFA-C's Power.
WE ARE DEALING WITH OUTRIGHT SCAM ARTISTS.
THE MOB.
Case closed.
THE #FANNIEGATE PLOT MELTS DOWN
— Conservatives against Trump (@CarlosVignote) February 11, 2022
"May" can no longer be used by the Conservator as alibi for:
Capital requirements suspended.
Compliance date after Conservatorship.
Obligation to report it Jan1,2022.
Or $FMCC:"Divs don't reduce the SPS"
Secret Plan,confirmed.
Capital built, stays. https://t.co/AsrxLwqV3c pic.twitter.com/o2RI1b19SF
***RESPONSE TO BILL ACKMAN'S LETTER BY OUR NEGOTIATOR***
A self-imposed and only negotiator. Whether you want it or not.
The plaintiffs are corrupt, colluding with the DOJ to rip off the shareholders.
WEIRDO @BillAckman'S 2022 LETTER
— Conservatives against Trump (@CarlosVignote) February 12, 2022
-FHFA doesn't have absolute discretion.#SCOTUS waived:any action "AUTHORIZED BY THIS SECTION",since syphon Capital off to UST isn't authorized in its Power.
-Separation of Powers doesn't apply to congressionally chartered private corps.#Fanniegate pic.twitter.com/zlwgZxCt0C
There isn't neither "ficticious accumulated deficits",nor Capital Reserve.
The accumulated defict of Retained Earnings ($-55 billion in Freddie Mac) is the back losses, that have been funded with SPS so that the Net Worth isn't negative (bankruptcy)
The dividend to UST has prevented FnF from recording the Retained Earnings to offset that deficit.
This is why, under the Secret Plan (dividend repay the SPS), FnF would post a nontaxable profit that offsets the deficit.
Finally, there isn't Capital Reserve today. What there is, is a larger Net Worth.
That NW is the SPS, not Retained Earnings, since the SPS increased for free are debited from the Retained Earnings account, currently concealed with multiple Securities Fraud violations.
So, there is Net Worth, but not Capital Reserve, as SPS are not Core Capital.
$FMCC'S FAIR VALUE RISES 14% IN THE 4Q TO $308.
Net Revenues:+6.1%qoq
4Q EPS, annualized.
PER 13 times.
It includes a 3.5% dividend on the JPS.
It's calculated removing from the Income Statement all the abnormal/illegal charges (10bp TCCA fees, CRT expenses/recoveries, SPS charge, Reserve for Future Losses, Warrant) or windfalls.
It's also based on the Secret Plan theory: dividend payments were, in truth, meant to reduce the SPS first, per the exception B to the restriction on Capital distributions, and for their recapitalizaton, per the exceptions added up in the July 2011 CFR1237.12. So, no stock offerings are needed.
The Retained Earnings of Freddie Mac is $-54,993 million. So, a deficit. It's posted on its balance sheet.
Its Core Capital is $-44.8 billion, according to Freddie Mac in the Earnings report.
This is why there must be a Secret Plan, otherwise many people will go to prison after 13 years in Conservatorship.
The rights weren't revoked. They were transferred to the Conservator (momentarily) under the Succession provision.
Please, don't make up stuff in a public forum.
THE EARNINGS REPORTS WILL BRING THE DEVASTATION OF THE COUNTRY.
Our negotiator pledges to file a fresh lawsuit versus the President of the United States (the Constitution twice imposes on POTUS the duty of making sure that the laws are faithfully executed), the Supreme Court (flawed ruling both in the interpretation of the FHFA-C's Incidental Power and the Separation of Powers doctrine, not suitable for Agencies overseeing private corporations ruled by a congressional Charter -LIMITED POWERS-) and 5th and 6th Appellate Courts, for the misinterpretation of the FHFA-C's Power (put FnF in a sound and solvent condition)
All of them accused of conspiring to defraud the United States, as the law makes clear that "defraud" also includes its programs and policies, like a congressional charter.
The evidence of this allegation will be the deficits of Capital over the Total Capital requirements, estimated at $404 billion as of end of September 2021. FnF will post this deficit officially in their earnings reports for the first time.
This allegation will destabilize the country, which could bring the institutional chaos and the Military could use this power vacuum to seize control of the country.
Get ready to join the lawsuit through crowdfunding.
This is why it's needed both a fair resolution of Fanniegate according to Law (the so called Secret Plan) and the payment of a compensation to the Equity holders for Moral and Punitive damages ($40 billion requested)
2021 EARNINGS REPORTS TO BE USED FOR A FRESH LAWSUIT🆚@POTUS,@USSupremeCourt AND 5th/6th APPEAL COURTS
— Conservatives against Trump (@CarlosVignote) February 8, 2022
Evidence of an allegation of conspiring to defraud U.S.(FnF)
Capital deficit over FHEFSSA's Min Capital is known every quarter,but the deficit over...#Fanniegate @TheJusticeDept pic.twitter.com/Ewt9xtHyNR
The rights were transferred to the Conservator, in the succession provision. It's not that the rights were suspended.
It's not the same.
Don't be so ridiculous, Guido.
We have greater problems than the FHFA employees' salaries.
Just read my posts.
BOOM ***CASE CLOSED*** BOOM
THE CONTRACT SPECIFICATIONS IN THE PREFERRED STOCKS IS A BLOW TO THE PLAINTIFFS-DOJ (TREASURY)'s JOINT STRATEGY IN COURT TO RIP OFF THE SHAREHOLDERS.
Why are the SPS labeled "cumulative"?
These people think that Preferred shareholders is because they are VIP. Then, "cumulative" is because the UST spins everything that FnF earn, off to itself.
The UST also thinks that being called "infamous" means that it's more than famous.
The truth is that the cumulative feature means that at some point in time, its dividend might be suspended per contract, like the JPS's contract "at the discretion of the BOD", and this happens in every financial company in the world when it's Undercapitalized.
This is very important because it's also why the SPS aren't recorded as Core Capital, whereas the JPS are.
The JPS are "noncumulative", meaning that the loss of dividend suspended is never recovered, whereas the SPS is accumulated and payable once the company is Adequately Capitalized again.
All the items included in Core Capital(Retained Earnings, Additional Paid-In Capital account, etc), are because of their loss-absorbing capabilities.
The plaintiffs (JPS holders) haven't brought forward this matter to court and, instead, they pursue a contract claim about an "implied" covenant, which is the one that no one can see written, in an attempt to recover back dividends. Hello?
There you are, both the cumulative and noncumulative features in their contracts, have been scrapped.
The Rule of Plunder instead.
Sandra Thompson will never get formally nominated. At least, this month there isn't scheduled an executive session of the U.S. Senate Committee on Banking, Housing and Urban Affairs, to vote on her nomination.
The crooked FHFA won't participate in a Housing Finance System revamp. It will be dissolved.
A blow for the Goldman Sachs holdouts that seek a Utility Model (secured deals)
Bradford, there is already a Final Capital Rule effective February 16th, 2021.
There is no such thing as Calabria's Capital rule and now, Sandra Thompson's.
They are the FHFA's Capital Rules and the latter, if any, would modify the one in force today.
There is a Fee Limitation for the UST in the Charter. Huh?
I rather watch: "Brazilian Guido Cantinflas".
Who on earth believes a guy that says "spspa conversion"?
Did Berkowitz's lawyer tell you so, as defense strategy?
Just after you removed from your Twitter profile: "I'm crazy".