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Re: rekcusdo post# 413501

Tuesday, 05/23/2017 11:45:29 PM

Tuesday, May 23, 2017 11:45:29 PM

Post# of 795615
Any contract agreement to be valid, the contract agreement should be compliant of all laws and should not violate any laws.

HERA does not impose duty of acting in the best interest of taxpayers on conservator because that is the duty of Tsy-sy. Original agreement violates laws because Conservator has duty to act in the best interest of conservatees and public and not taxpayers. Conservator is also complicit in
imposing huge paper losses to impose huge usury debt like burden and giving up 80% of assets when there were better options to manage the losses and finance the operations.

NWS is illegal as confirmed in congressional hearing. HERA authorizes FHFA to order review of all agreements modify or cancel.