Fannie Mae-No Politics (FNMA)

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"-The crimes:"

The below listed and many other facts clearly provide enough reasons to invalidate SPSPA and amendments.



SENIOR PREFERRED STOCK PURCHASE AGREEMENT

Background
A. The Agency has been duly appointed as Conservator for Seller pursuant to Section 1367(a) of the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (as amended, the “FHE Act”). Conservator has determined that entry into this
Agreement is

(i) necessary to put Seller in a sound and solvent condition;

(ii) appropriate to carry on the business of Seller and preserve and conserve the assets and property of Seller; and

(iii) otherwise consistent with its powers, authorities and responsibilities.

https://www.fhfa.gov/Conservatorship/Documents/Senior-Preferred-Stock-Agree/FNM/SPSPA-amends/FNM-SPSPA_09-07-2008.pdf

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Clearly original SPSPA – background stipulations contradict the hidden real intentions of FHFA-Conservator and UST choosing to plunder and bankrupt FnF through NWS, Besides Obama administration chose to wind down FnF as a matters of budgetary policy.

After signing SPSPA, FHFA-Conservator and UST have filed documents in courts asserting that FHFA-Conservator can wind down FnF while in conservatorship.

FHFA-Conservator and UST have filed documents in courts asserting that FHFA-Conservator can act in the interest of FHFA in contravention of original SPSPA – background stipulations.

Obama UST officials publicly made statements that NWS was to wind down FnF and never to allow FnF to exit conservatorship.

One can go on listing such bad faith acts of both FHFA and UST officials to bankrupt FnF at the expense of FnF and its shareholders.

5C Court has ruled that NWS is not consistent with powers, authorities and responsibilities of FHFA-C.