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Thursday, March 12, 2020 10:47:37 PM
SPSPA is essentially a fraudulent and bad faith agreement between one Gov agency FHFA with another Gov agency UST for the benefit of US Gov. But this is just for show. The real beneficiaries are short sellers and loan sharks.
The real purpose of SPSPA was more devious, to burden FnF with usuary loans and warrants so as to make them non-viable and destroy them.
If SPSPA was between private parties instead of Gov agencies, then the same defense attorneys and judges would have shown all kinds outrage and defendants would have been serving long and hard time.
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