Fannie Mae-No Politics (FNMA)

[camaro4me]

https://en.wikipedia.org/wiki/Federal_Housing_Enterprises_Financial_Safety_and_Soundness_Act_of_1992

Interesting analysis posted in #Fanniegate and Yahoo, about a felony committed by the FHFA in 2008 with regard to scrapping their statutory Capital requirements during Conservatorship.
In the absence of new capital rules, the ones set forth in the FHEFSSA are still binding and a Conservator can't say that they are not.
HERA doesn't authorize the conservator to do it.
The Critical Capital level would stand at around $11 billion of Core Capital as of today (half the amount of Minimum Capital level published by Fannie Mae as of end of 2018)
If the Treasury reimburses the amount due, FNMA's Core Capital will surpass the $11 billion Critical Capital threshold for sure, leaving the Conservators with no other option but to release FnF from Conservatorship, as the critical capital level is the measure to place FnF into Conservatorship.
Let alone, that this find will increase the monetary compensation sought for damages