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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".
Clarification about the Class Action improperly certified.
The required Notice was attached to the plaintiffs - DOJ's joint proposed order. I didn't see it yesterday in the actual order days later.
The Notice makes my point, because what they claim is breach of the shareholders's Implied Contract of good faith, when the common shareholders don't have a contract with FnF.
Then, there isn't the commonality among the individual purported class members, as prerequisite for the Class Certification.
***BOMBSHELL*** Plaintiffs/DOJ's class action has been improperly certified under Rule 23.
JUDGE LAMBERTH'S FRAUDULENT CLASS CERTIFICATION ORDER
— Conservatives against Trump (@CarlosVignote) January 31, 2022
The order doesn't satisfy Rule23:
(a)Prerequisites:Common questions predominate over questions affecting only individual purported class members.
(c)2.A notice must state(iii)the class claims,issues.#Fanniegate @TheJusticeDept
GARY HINDES EXEMPLIFIES THE GENERATION THAT WRECKED THE U.S..
HINDES:A GENERATION THAT WRECKED🇺🇸
— Conservatives against Trump (@CarlosVignote) January 31, 2022
Explain financial concepts in layman's terms w/o being asked to, makes you layman.
Collateral backs mortgages,is seen in the portfolio's Current LTV=58%
Laymen:
-Debt to solve insolvency
-#Fanniegate
-Lockdown➡️inflation➡️subsidies/Muni jobs(🇻🇪) https://t.co/JA29TZvAuW pic.twitter.com/7anq5JZJ4a
You have emailed David Thompson, attorney for Berkowitz, and Tim Pagliara.
Aren't you conspiring to rip off the shareholders as well?
OUR NEGOTIATOR FIERCELY ATTACKS THE CONMAN TIM PAGLIARA ONCE AGAIN.
The shareholders have the disgrace to see this conman around, all day mulling on plans to harm our economic interests: 10% dividend, warrant, swap Preferreds for Commons, coverup of the key statutory provisions, now comparing our case with Bridney Spears', etc.
The scam artists triumph under the Rule of Plunder.
Our negotiator is in full control.
CONMAN TIM (GOVT THEFT STORY) ON FOX TV
— Conservatives against Trump (@CarlosVignote) January 30, 2022
He claims that people that qualify, can't get financing,when the problem is:people w/ unstable jobs due to Wall St-induced #COVID crisis,need FHA-insured loans.
He compares FHFA Conservtshp w/ #Bridney's(abusive conservator)in...#Fanniegate https://t.co/GNujSNLQy1
The Separation of Powers isn't necessary in congressionally chartered private corporations like FnF, because the Agency's Powers are limited to comply with the Charter.
This is what the Scotus-appointed amicus, professor Nielson, explained in his written statement.
Thus, the Supreme Court should only have struck down the duty (v) of the director when FHFA is Regulator: "activities in the public interest" and maintain the removal-for-cause provision and "independent Agency of the Govt."
Read my previous comment about Justice Alito, the conman.
You can read our negotiator's tweets without signing up.
JUSTICE ALITO IS,ALLEGEDLY,THE GREATEST WHITE-COLLAR CRIMINAL IN HISTORY.
Deplete Capital isn't "authorized by this section", because it breaks the FHFA-C's Power: put FnF in a sound condition.
These morons don't know that soundness is related to the Capital level and syphon the profits off to UST is a Capital distribution.
It's also barred in the FHEFSSA's Restriction on Capital Distributions, besides the new Capital rule that bars the payouts until FnF meet 25% of the Buffer above the Total Capital requirement.
The Justices work for the Mob (alliance Wall Street-politicians) and they wanted to blow up the Secret Plan theory, the only plan that upholds the law as it's written.
JUSTICE ALITO IS, ALLEGEDLY, THE GREATEST WHITE-COLLAR CRIMINAL IN HISTORY
— Conservatives against Trump (@CarlosVignote) January 29, 2022
*Judges category.
He gave to the MOB what it wanted: get rid of
-The Charter Act: he removed the @FHFA's necessary insulation from political interference.
-The FHEFSSA: a Common Law Inc Power.#Fanniegate https://t.co/EaBaj9Zkv7 pic.twitter.com/O3xJCyqKx2
We talk about crime of conspiring to defraud the United States, against the President of the U.S., the Supreme Court, the 5th and 6th Court of Appeals, to name a few.
It could destabilize the country. This is why we have the upper hand in a settlement. In other words, the Government will accept all our demands for a reasonable settlement of this scandal.
Our negotiator is in full control of the case.
OUR NEGOTIATOR INCLUDES ACCOUNTABILITY IN A SETTLEMENT OF FANNIEGATE.
We can ask whatever we want, once the plot has been uncovered. This is why we require moral and punitive damages.
Yesterday, it was laid out for a second time, the proposed prison sentence for the U.S. Officials, when the prison sentence for the FHFA Acting Director, Sandra Thompson, was increased to 20 years.
Today, we are going after the corrupt plaintiffs and judges, using a simple 4-box checklist.
ACCOUNTABILITY ADDED IN A SETTLEMENT
— Conservatives against Trump (@CarlosVignote) January 28, 2022
Proven plot(Govt theft story)for stock price manipulation.
1-Plaintiffs/Law firms.Coverup of
FHEFSSA's Restr on Capital Distr
Charter's Fee Limitation
FHFA-C's Power(retore to sound condition)is Recap/(solvent)reduce debentures(SPS)#Fanniegate pic.twitter.com/gG3oVmXnBE
The SPS and the liquidation preference has to have the same valuation, because the latter is simply how you value the first.
Other theme is that FnF aren't posting the real number on the balance sheet. That's financial statement fraud.
Any news from the judge Lamberth's court today? I don't have real-time update in Pacer to know if the judge has responded to the parties' motion of Class Certification method.
***NEXT EVENT*** 2021 EARNINGS REPORTS
Under the Secret Plan, the only plan that upholds the Law (recapitalization under the guise of dividend payments to UST. Currently, we are in the third phase of this theory, when it's stated that the SPS increased for free are a joke, as they reduce the Core Capital. Lol. Get it?), FnF would surpass the threshold to resume the dividend payments under the Table 8 in the recent Capital rule, effective since February 16th, 2021.
Remember that this time, FnF are compelled to inform what's the Total Capital requirement, a figure snuck in the 1Q2021 results but later, the FHFA director prohibited them to post the amount, because in the same Capital rule, the FHFA wrote that FnF won't have the obligation to publish it until January 1st, 2022. More obscurantism in this corrupt Agency.
NEXT EVENT:2021 EARNINGS REPORT
— Conservatives against Trump (@CarlosVignote) January 24, 2022
Milestone:threshold to resume div payments.Unrelated to Conservatorship.
3 Equity holders:
-Shareholders: a non-issue(same wealth)
-JPS reach par-value
-SPS: UST learns what's its cumulative div($0)on SPS redeemed in 2013/2014(FMCC/FNMA)#Fanniegate pic.twitter.com/wV9NGKZUzz
Guido isn't aware that I caught him lying to us.
You claimed that the plaintiffs request a penalty of 6% annual interest rate:
It's been posted here many times that the plaintiffs are
asking for 6% per annum on their preferred shares.
Both links are the same. About Bradford's claim that in Delaware cases it's granted a 6% annual interest rate as a penalty. Hindes files his lawsuits in Delaware.
Take into account that there is no economic damage because the dividend was impeccably suspended for their recapitalization. It's redressed with a $180 billion refund from the UST.
I'm talking about a 6% interest during 5 years, as moral and punitive damages, not economic damage, as I expect the UST refund.
But again, no plaintiff has required it in court, because they rather negotiate other themes: swap Preferred for Commons, stock offerings, warrant, etc.
Glen Bradford continues do mislead the retail investor, claiming that the Govt has stopped taking money from FnF, when it's the same Net Worth Sweep as before, with the SPS increased for free every quarter.
It isn't a cash transfer but it's a Net Worth Sweep 2.0, which is all that matters: our Net Worth (Equity) in the companies.
Why is the FBI allowing him to act freely?
Guido, I asked you a simple thing: name the plaintiffs that you claim are requesting 6% in damages. And you haven't replied because you made it up.
Only Glen Bradford said 6% in interests is common in Delaware cases, in a reply to my post explaining my 6% in moral and punitive damages.
BOOM.OUR NEGOTIATOR IDENTIFIES THE FBI AS THE CONSPIRATOR-IN-CHIEF IN THE #FANNIEGATE SAGA.
The United States is declared a failed state.
WHOLE #FANNIEGATE SAGA IS JUST ANOTHER @FBI'S CONSPIRACY
— Conservatives against Trump (@CarlosVignote) January 23, 2022
Like🇪🇸, judges ordered to not try Police officers.
It deviated to FBI-judges judicially protecting the SEC/DOJ/UST/FHFA officials.
It explains a 13-yr Rule of Plunder.
2019 subpoena,withdrawn: RFP12 asked about Secret Plan. https://t.co/SPA6ByLIO4 pic.twitter.com/994wScUx8A
Only our negotiator requests 6% per annum, for the last 5 years.
3% in moral damages and multiplied by two to include the punitive damages. The common shareholders use a $50 JPS as a reference.
(*) It's been added up 5% more for the FMCC holders due to the recent illegal Class Certification.
Name the plaintiffs that request 6%. You made it up because no one has requested that.
STRIKE 3 AGAINST U.S. DEMOCRACY *** STRIKE-OUT ***
Follow our negotiator for a court action against the Supreme Court, the President of the United States, judge Sweeney, judge Lamberth, and 5th and 6th Court of Appeals for the Federal Circuit, accused of conspiring to defraud the United States.
Funded through crowdfunding.
$200 per person.
JAN 21.STRIKE 3 AGAINST🇺🇸DEMOCRACY
— Conservatives against Trump (@CarlosVignote) January 22, 2022
-JPS' Implied-In-Fact contract claim,when the div was impeccably lawfully suspended for Recap.
-FMCC holders(w/o contract w/ FnF)included in Class Certification
-Joint petition corrupt plaintiffs-@TheJusticeDept
-W/o jurisdiction🆚🇺🇸.#Fanniegate https://t.co/cKqJp759Dw pic.twitter.com/VArN78FE36