Fannie Mae-No Politics (FNMA)

[Wise Man]

Tremendous attack to U.S.Officials and the Justice Department in #Fanniegate today. The law that regulates the UST's purchases of FnF's securities, not only doesn't allow the purchase of the Warrant because it must take into consideration the need to maintain FnF's status as private shareholder-owned companies, something that with a warrant is violated, regardless of being exercised, but it's set forth another reminder contending that the UST must also take into consideration the restriction on the use of FnF's resources (the payments for participating in the MHA program are still pending, which include the funds that FnF advanced to servicers) and the most important reminder, the restriction on dividend payments, which is HERA's Restriction On Capital Distributions for undercapitalized enterprises. Those that are covering up the latter, like the infamous plaintiff Joshua Angel YG and the attorney for many plaintiffs, David Thompson, are trembling, because the restriction on dividend payments now appears in two sites in HERA. This is a crime of Making False Statements, up to 5 years in prison.