Saturday, July 13, 2019 9:43:31 AM
The only way to terminate the Conservatorship is if FnF become financially viable, as it's laid out in a Congress' document, and that occurs when they restore their capital levels to an adequate level.
But in the covenant 5.3 of the PA the FHFA and the Treasury agree to not uphold the law seeking the termination of the Conservatorship pursuant to the Section 1367 of the SPSPA, through a recapitalization (Conservator's duty: Put FnF in a sound & solvent condition)
If someone agrees to not uphold the law, it's a felony. So, they have told a phony story publicly, with the pomp of a contract but, in truth, they are carrying out other plan, otherwise they'd face up to 10 years in prison. That's called a Secret Plan. blog updated with this evidence.
The White House has no other option but to surrender.
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